I really like the House bill which allows cost-sharing benefits to be converted into HSA deposits.
We have seen in the private sector that unfunded HSA’s are useless to everyone. If it takes the taxpayers to fund these HSA’s, well so be it.
(I think that as governor of Indiana, Mike Pence proposed taxpayer-funded HSA’s for Medicaid recipients.)
As with all HSA’s, there is a big downside if you go into the hospital in the first year or two of the program. Your deductible might be $5,000 but your monthly-funded HSA might only have $600 in it.
I really like the House bill which allows cost-sharing benefits to be converted into HSA deposits.
We have seen in the private sector that unfunded HSA’s are useless to everyone. If it takes the taxpayers to fund these HSA’s, well so be it.
(I think that as governor of Indiana, Mike Pence proposed taxpayer-funded HSA’s for Medicaid recipients.)
As with all HSA’s, there is a big downside if you go into the hospital in the first year or two of the program. Your deductible might be $5,000 but your monthly-funded HSA might only have $600 in it.