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Cannon’s perspective is misguided. He did not suggest allowing workers to deduct the cost of individual insurance. Unlike many affluent individuals, Cannon and Devon do not pay taxes on their group insurance. However, they are opposed to allowing poor single-parent mothers without employer insurance to deduct their Individual Medical (IM) expenses. Cannon has foolishly called for Short-Term insurance again. As someone who sells this type of insurance, I believe Cannon should recognize that when an American woman is diagnosed with Ovarian Cancer, she needs portable, guaranteed renewable insurance. This ensures that her premiums cannot increase and that her coverage cannot be canceled, which she cannot obtain from an employer.
You two losers let people die for 30 years. Devon, the Brief History of HSAs you wrote is inaccurate. It does not acknowledge that I enrolled America’s first HSA in 1996, when they were called MSAs, with Time Insurance Company, America’s oldest insurance company. Now, TIME is called Allstate, coast-to-coast, without a competitor.
In 2017, Trump’s age-based tax credit of $2,000 for those under 30, adjusted for inflation by CPI + 1%, increases to $3,000 in 2026. Trump’s age-based voucher of $3,000 to an Iowa child provides free insurance because the coverage for short-term medical is $895 annually from Allstate, and the Mayo Clinic is a member hospital. That leaves $2,105 deposited into the Iowa child’s HSA at the bank with a mutual fund option. The next Democratic governor of Iowa, Rob Sand, supports the Sand/Trump Plan (STP). That is bipartisan. The Iowa Democratic candidate for Senate in Council Bluffs is Turek, an Olympian, who also supports the Sand/Trump Plan (STP). In Omaha, the Democratic Senate candidate is Lee Benham, who wrote the book “Trump Care with Me.”
You remember Lee Benham? He was on the NCPA blog with me in 2016, discussing STM and age-based tax credits before John Graham went to HHS and the NCPA was shut down!
You and Cannon will look like fools when this goes mainstream. Devon saved Obamacare, so millions went bankrupt and far too many died.
I told you in 2005, Devon, you lied about who wrote the 1st HSA. Remember me telling you that she had called your HSA history, A Brief History of TIME?