Comments on: Status of HSAs and Consumer-Driven Health Care in Health Reform

By: Kartik

Kartik — Thu, 01 Sep 2011 15:38:02 +0000

Insurance companies are promoting HSAs because it costs them far less than traditional plans (which are pre-paid messes). HSAs benefit us too in the long run!

By: Mike H

Mike H — Thu, 10 Jun 2010 22:22:14 +0000

Alan, Alan, Alan… What you don’t seem to realize is that profits in a capitalist system are GOOD. People and corporations acting on thier own self-interest is good. Yes, you’re right, insurance companies offer HSA’s to make a profit. I also buy HSA’s becasue they benefit me. Both parties win.

By: Alan LaRue

Alan LaRue — Wed, 28 Apr 2010 19:49:12 +0000

Thanks for getting personal, Ben. I’m certainly not clueless. My point was that the HSA was created by insurance companies for insurance companies: They make a profit from them, and if they’re making a profit, then it’s costing you. It doesn’t take a CPA to fill out a schedule A. Suppose you don’t put enough aside in your HSA? Well, then you pay taxes on that portion of your medical expenses. Eliminating the 7.5% exclusion on schedule A would accomplish the same thing for the taxpayer, and in my opinion would be much simpler.

I have a high deductible insurance policy, but without the HSA, and I agree with Pat that we should all have high-deductible accounts. Insurance should be insurance, not “prepaid health care”.

By: Glen

Glen — Wed, 31 Mar 2010 02:52:20 +0000

at 61 good health an HSA was about the only plan i could get and it was still expensive. started at 400 now 1000 a month family coverage

I have managed to put about 25K in the account over the 5 years i have had it

By: Ben Austic

Ben Austic — Thu, 25 Mar 2010 11:13:52 +0000

Alan LaRue, you don’t have a clue. Ditto, Pat. If HSA’s were the law of the land, there would be no “healthcare crisis”. I love my HSA and I will participate in “civil disobedience” in order to keep it.

By: Pat Lundberg

Pat Lundberg — Mon, 22 Mar 2010 16:14:43 +0000

Shouldn’t have HSA’s? Because it’s much simpler to hire a CPA to figure out all your tax deductions?? My family switched to an HSA and a high deductable last year and it has been the best thing we have ever done. We pay attention closer attention to our bills and have caught many mistakes in our billing. It is our money we are spending as opposed to a high insurance premium we feel the need to recoup. You want to reduce medical cost and spending, force the country to only offer High deductable plans and HSA plans. People will pay attention and fraud will go away.

By: Alan LaRue

Alan LaRue — Mon, 22 Mar 2010 14:49:32 +0000

We shouldn’t have HSAs in the first place. Instead, they should get rid of the 7.5% rule on the schedule A. HSAs, like everything else to come out of Congress in recent years, were legislation created by companies looking for a way to make more money. Instead of making medical expenses deductible for everyone, they created a complicated system whereby you had to have a special account in order to deduct your medical expenses.

By: Michael McCormick

Michael McCormick — Mon, 01 Feb 2010 07:35:50 +0000

I bought this book to find out about breast reduction. There is not one word about this surgery in this book. Very disappointed.
Rating: 1 / 5

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