How to protect yourself against ObamaCare

Thursday, July 1st, 2010

The Objective Standard has published Paul Hsieh, M.D.'s article about how to protect yourself from ObamaCare (HR 3590).  Here are the topic headings:To the extent possible, arrange to pay for your medical care directly rather than through an insurancepolicy. - Health savings accounts- concierge medicine- medical tourismAssume full responsibility for ...

HSA health insurer shuts down because of ObamaCare

Tuesday, June 8th, 2010

In response to the health control legislation, HR 3590, a small health insurance companies that focused on selling high-deductible policies is closing its doors. So reports Richmond BizSense (emphasis added) The hotly debated healthcare reform bill signed into law in March has killed a local insurance company. At least that’s according ...

Does Obama know what health insurance is?

Saturday, June 5th, 2010

Apparently Barack Obama does not know what health insurance is.  Neither do most people, and this is a core problem with health care in the U.S. Back in February at the health care summit, President Obama said: Look, if I'm a self-employed person who right now can't get coverage or ...

More Colorado employers are offering HSAs

Tuesday, May 25th, 2010

The Denver Business Journal reports: Twenty-seven percent of Colorado and Wyoming employers surveyed by MSEC recently said they now offer Health Spending Accounts as an option for their employee benefit plans, up from 21 percent in 2009, 18 percent in 2008, 15 percent in 2007 and 7 percent ...

HSAs for state employees: empower patients, trim budgets

Thursday, May 6th, 2010

High-deductible insurance policies combined with health savings accounts have been a success story in terms of keeping premiums in check, encouraging prudent consumption of health care, and allowing patients to save for future medical expenses. The Texas Policy Foundation reports that States with the HDHP/HSA option currently in place include: Arkansas, ...

Keep pushing for HSAs & your ability to pay for your own medical care

Tuesday, April 13th, 2010

From Ari Armstrong: Despite enactment of the Democratic health law, one reform Republicans and market advocates should fight to keep alive is the Health Savings Account (HSA), which allows people to put pre-tax money into an account dedicated to health-related expenses. Experiences my wife and I have had this ...

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 ...

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 ...

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 ...