Roughly 90 percent of Americans are effectively blocked from opening an HSA.
How to create HSAs in the Obamacare Exchanges. (National Review)
Americans who trust the government to do the right thing most of the time: 10% Elites: 79% Super Elites: 89%. Maybe that’s because the elites run the government.
What the future holds for weight loss drugs. (Bloomberg)
Regarding HSA accounts in the ObamaCare exchanges…..
I like HSA’s in general, but the selling points in this article ring a little bit hollow for me:
1. Most of the working class families in Obamacare are NOT being hit with insurance cost increases. The aid formulas in Obamacare limit their cash premiums to a per cent of their income, 8% or a lot less. If the insurance premium does go up, the government pays the difference.
2. Many of the persons who choose high-deductible plans make that choice because they are
broke. They go for the lower premium, and take the risk that they will need medical care.
They sure have no extra money to put into an HSA.
3. The total balance in HSA’s is $116 billion….unfortunately, in American health care that is peanuts.