"Regs change roles," an article on how health savings accounts and other high-deductible insurance plans are changing the way that hospitals do business, appears in the Healthcare Cost and Revenue Management supplement to Healthcare Informatics magazine.
In April 2006, as a means of controlling rising healthcare costs, President George W. Bush announced his intention to expand health savings accounts (HSAs), the tax-free savings accounts established by the 2003 Medicare reform bill.
To further adoption, the president proposed tax breaks for HSA spending and premiums for HSA-compatible insurance plans, as well as the ability for consumers to take any HSA-qualified insurance plan with them if they change employment. He asserts that HSAs and the consumer-directed health plans that accompany them will reduce healthcare costs by making it easier for consumers to afford insurance and exercise control over their healthcare dollars...
(To read the rest of the article, click here).