Posts Tagged ‘AHIP’

In the News

June 1, 2010

HSAs an Endangered Species under Obamacare

Why is there so much excessive—indeed, downright wasteful—spending in health care? One reason is the disconnection between patients’ wallets and their health care bills.

Most Americans get health insurance through their employers. They neither witness nor control the flow of their dollars from employer to insurer to health care provider. Yes, those health care dollars are their compensation, just like wages. But with no visible “skin in the game,” they have little incentive to limit spending.

Engaging patients in the cost of their own care is one way to motivate them to seek better value for the health-care dollar–good quality health care at a reasonable price. And consumer-driven health plans, such as health savings account (HSA) plans, do just that. (more…)

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In the News

October 13, 2009

“Reform” Means You Pay More for Health Care

A major new report confirms the worst fears of many: Health care reform will raise the costs for most Americans—by about 18% on average. That is on top of existing inflation of health coverage.

Once the plan is fully phased-in (by 2019), a typical family of four would pay an extra $4,000 each year.

When combined with existing inflation, costs would rise from today’s $12,300 annual average to $25,900. Of that 111% increase, $9,600 is due to existing factors uncorrected by the legislation, and $4,000 due to additional costs created by the legislation. (more…)

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