Archive for the ‘insurance, tax code, HSAs’ Category

Land O’Lakes employees happy with consumer-directed insurance

Friday, February 19th, 2010

The president and CEO of Land O'Lakes says: Offering consumer-driven health plans to Land O’Lakes employees is helping to keep health care costs in check, while maintaining or improving care quality. For Land O’Lakes, this approach supports our commitment to employees, while at the same time ensuring that we remain highly ...

Insurance “exchanges”: government-run insurance w/o a “public option”

Tuesday, January 12th, 2010

The Wall Street Journal editorial board explains how so-called insurance exchanges of the House and Senate health care bills are government-run insurance: Both bills [House and Senate] blow up the individual and small-business insurance markets, to be replaced with new "exchanges" in which people can buy heavily subsidized coverage and insurers ...

Will health “reform” kill HSAs & high-deductible insurance plans?

Sunday, January 10th, 2010

By attacking Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs), Democrats want use tax policy to punish people who prefer to buy medical care directly, rather than through insurance.  Sounds like they favor the insurance industry, no? On January 9, the AP reported that: House Democrats want to require insurers to ...

Shawn Mitchell plans to push market-based health reform

Monday, January 4th, 2010

From the Daily Camera (Boulder): Broomfield Republican state Sen. Shawn Mitchell said he doesn't expect to have much influence on legislation as a member of the minority, but he will draw attention to the ways he thinks the Democratic majority contributed to the state's financial problems. "The state saw this coming and ...

Proposed one-year moratorium on new Colorado insurance mandates

Monday, December 14th, 2009

Remember, mandated benefits in insurance plans are hidden taxes. They force you to pay for benefits that you may not want or need, and effectively force you to subsidize other people's insurance. From the Denver Business Journal: Colorado businesses could get a one-year reprieve from new health-insurance coverage mandates that insurers ...

Why to condemn insurance companies

Monday, December 7th, 2009

Is the for-profit insurance industry a "predator" that "prevent[s] us from having a decent health care system"?  Letter writer Bruce Robinson says so (Daily Camera, December 1). He's partially right. The real predators are politicians who inhibit needed health policy reform.  But insurers are guilty for concealing how they benefit ...

One more victim of Medicaid and employer-based insurance

Wednesday, December 2nd, 2009

John R. Graham of the Pacific Research Institute offers a great critique of Nicholas D. Kristof's recent New York Times column.  Kristof relates a distressing story about a John Brodniak, who lost his job due to illness, exhausted his COBRA benefits, and ended up on Medicaid.   Yet, Kristof reaches an ...

Harvard Medical School Dean: Health “reform” a failure

Wednesday, November 25th, 2009

Some choice words from Jeffrey S. Flier, Dean of Harvard's Medical School.  Some excerpts from his Wall Street Journal article: Our health-care system suffers from problems of cost, access and quality, and needs major reform. Tax policy drives employment-based insurance; this begets overinsurance and drives costs upward while creating inequities for ...

Democrats seek to ban affordable insurance

Saturday, November 21st, 2009

HSA-qualified insurance: affordable premiums, patients spend prudently & take responsibility for their own health, and can save for future expenses. But politicians like Harry Reid want to make HSA-qualified insurance plans illegal. Read about it in the Wall Street Journal: The End of HSAs: Harry Reid wants to kill consumer-driven health ...

Paying for your own medical care

Saturday, October 10th, 2009

The success of HSA-qualified plans and evidence from the RAND health insurance experiment show how patients are prudent consumers of medical care when they spend their own money, rather than an insurance company. Ari Armstrong relates his personal experience in a recent article: Not only does my doctor knowledgeably answer all ...