Recent News
Price controls for prescription drugs promise to do what everybody wants: bring down the cost of life-saving medications with no negative consequences – in other words, a free lunch.
Popular and effective, the Medicare Advantage (MA) program has become the preferred way to receive health benefits for more than half of the 64 million elderly and disabled Americans who rely on Medicare for their health insurance coverage.
An HSA (short for Health Savings Account), is one of the most valuable tools for saving money on health care costs a person can have. However, many Americans don’t fully understand what they are.
What is the difference between an HSA, FSA, and HRA?
It’s like alphabet soup.
Right now, many in Congress are hoping to expand government subsidies for health insurance, including major expansions of Medicaid and Affordable Care Act subsidies.
Some of these lawmakers argue that more spending is a good answer to inflation because the additional money will help make it easier for people to afford health care.
But that gets the problem exactly wrong.
Tax-free health savings accounts save money, reduce medical inflation, and give patients more choice and control. Expanding access to HSAs is key to reducing medical inflation and giving Americans more personalized options in health care.
In short, instead of wasting trillions on a poorly conceived and dangerous “infrastructure” plan, we should give Americans a health care personal option.
Under the guise of infrastructure, Senator Bernie Sanders (I-Vermont) and his allies are plotting the biggest expansion of government-run health care since the Affordable Care Act (ACA, a.k.a. Obamacare).
