Health Savings Accounts offer employers and individuals an affordable new option for health insurance coverage. Health Savings Accounts (HSAs) have grown in popularity since Congress authorized their use in 2003. The forerunner to HSAs, Medical Savings Accounts (MSAs), were first established in 1996 and had extensive restrictions that impeded their use and success. HSAs are free of those restrictions, and anyone can own one.
Why Doctors Aren’t Allowed to Give You Free Care
Growing up as the son of a Naval Reserves surgeon and medical school professor, I witnessed top-notch medical care, but I also saw firsthand the many obstacles that hinder doctors. One of the most frustrating obstacles is the burden of government regulations. In rural Texas, numerous patients rely on government-run insurance programs such as Medicare...