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.
The Subsidy Scheme
The House just took an important step toward restoring sanity to America’s health care system by voting to support the Republican health care plan. While critics will reflexively attack the vote, the reality is that the right is finally confronting the real drivers of high health care costs. It rolls back costly federal mandates, expands...