This piece warrants reading, as HSAs have provided an important option for businesses and individuals in the health insurance marketplace. Bachman hits on nine areas where HSAs could or would suffer.
The proposed Senate bill is designed to delay, deny, defeat and kill HSAs. It is a death by a thousand slices. Why? Maybe it’s because consumerism puts decisions and power in the hands of individuals. The Senate health reform does not focus on improving health or health care. It is more about political power, centralizing federal control, growing government, and expanding bureaucracies. Economically, they are killing the goose that laid the golden egg. Killing HSAs is only a part of that strategy.
Raymond J. Keating
Small Business & Entrepreneurship Council