NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
For Health Savings Accounts (HSA) to be effective at bending the cost curve of health insurance, more needs to be done to promote price competition, argues James C. Capretta of the American Enterprise Institute. Recent reforms passed by the U.S. House of Representatives would help, however, he argues for more dramatic steps. Specifically, he wants […]
—Background— Health Savings Accounts (HSAs) are special savings accounts that enable qualified participants to pay for current health expenses or save for medical and retiree health expenses on a tax-free basis. HSAs were created as part of the Medicare reform legislation that was signed into law on December 8, 2003. Section 303 of the Health […]
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