Comments on: Aetna: CDHC Lowers Costs, Improves Care http://healthblog.ncpa.org/aetna-cdhc-lowers-costs-improves-care/ Health Care Policy and Reform Insights | NCPA Wed, 16 May 2012 20:29:55 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Stephen C. http://healthblog.ncpa.org/aetna-cdhc-lowers-costs-improves-care/comment-page-1/#comment-41667 Stephen C. Wed, 25 Mar 2009 23:08:45 +0000 http://www.john-goodman-blog.com/?p=2558#comment-41667 Aetna Ceo Ron Williams has been very good on promoting CDHC in Congressional testimony and in public speeches. Aetna Ceo Ron Williams has been very good on promoting CDHC in Congressional testimony and in public speeches.

]]> By: Bret http://healthblog.ncpa.org/aetna-cdhc-lowers-costs-improves-care/comment-page-1/#comment-41623 Bret Tue, 24 Mar 2009 12:32:21 +0000 http://www.john-goodman-blog.com/?p=2558#comment-41623 I think Aetna was also helpful in persuading the Treasury to make rulings favorable to HSA expansion. I think Aetna was also helpful in persuading the Treasury to make rulings favorable to HSA expansion.

]]> By: Greg Scandlen http://healthblog.ncpa.org/aetna-cdhc-lowers-costs-improves-care/comment-page-1/#comment-41595 Greg Scandlen Sat, 21 Mar 2009 10:37:56 +0000 http://www.john-goodman-blog.com/?p=2558#comment-41595 Ron, you misunderstood the bullet. The $7 million savings applied to employers who offered HSAs as an option. So, some large portion of the group was not in HSAs, very likely 75% or so. Yet the WHOLE group still saved money. The savings of the HSA enrollees is spread over the whole group. Ron, you misunderstood the bullet. The $7 million savings applied to employers who offered HSAs as an option. So, some large portion of the group was not in HSAs, very likely 75% or so. Yet the WHOLE group still saved money. The savings of the HSA enrollees is spread over the whole group.

]]> By: Ken http://healthblog.ncpa.org/aetna-cdhc-lowers-costs-improves-care/comment-page-1/#comment-41592 Ken Sat, 21 Mar 2009 07:24:04 +0000 http://www.john-goodman-blog.com/?p=2558#comment-41592 That's enough Aetna bashing. Aetna has been one of the most innovative companies in pushing the limits of consumer driven health care. We owe them a debt of gratitude. That’s enough Aetna bashing. Aetna has been one of the most innovative companies in pushing the limits of consumer driven health care. We owe them a debt of gratitude.

]]> By: Bruce http://healthblog.ncpa.org/aetna-cdhc-lowers-costs-improves-care/comment-page-1/#comment-41585 Bruce Fri, 20 Mar 2009 23:36:28 +0000 http://www.john-goodman-blog.com/?p=2558#comment-41585 Very interesting observation, Ron. I don't think Aetna is even in the individual market. Very interesting observation, Ron. I don’t think Aetna is even in the individual market.

]]> By: Ron Greiner http://healthblog.ncpa.org/aetna-cdhc-lowers-costs-improves-care/comment-page-1/#comment-41577 Ron Greiner Fri, 20 Mar 2009 16:11:47 +0000 http://www.john-goodman-blog.com/?p=2558#comment-41577 $7 million dollar savings per 10,000 insureds over 5 years is very low savings with HSA coverage. That's only $140 a year savings per insured. The average cost for employer based health insurance is $400 a year for single coverage. HSA insurance for a 30-year-old male is only $60 a month in most states. The average savings should be more like $2,000 a year per employee, [plus] the tax savings because their is no payroll tax on employer HSA deposits. $2,000 X 10,000 employees = $20,000,000 per year or $100,000,000 over 5 years. But that's the difference between dangerous non-portable employer-based health insurance and the security of low cost portable HSA "individual insurance." Aetna sure did a good job with their so-called statistics to make HSAs look less attractive than they really are. $7 million dollar savings per 10,000 insureds over 5 years is very low savings with HSA coverage. That’s only $140 a year savings per insured. The average cost for employer based health insurance is $400 a year for single coverage. HSA insurance for a 30-year-old male is only $60 a month in most states. The average savings should be more like $2,000 a year per employee, [plus] the tax savings because their is no payroll tax on employer HSA deposits. $2,000 X 10,000 employees = $20,000,000 per year or $100,000,000 over 5 years.

But that’s the difference between dangerous non-portable employer-based health insurance and the security of low cost portable HSA “individual insurance.” Aetna sure did a good job with their so-called statistics to make HSAs look less attractive than they really are.

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