tag:blogger.com,1999:blog-21882509.post116498492592078488..comments2024-01-28T02:25:21.094-06:00Comments on State of the Division: Bush’s “Illusional” Healthcare PlanPEU Report/State of the Divisionhttp://www.blogger.com/profile/10269683860174947542noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-21882509.post-1165096114125712812006-12-02T15:48:00.000-06:002006-12-02T15:48:00.000-06:00You simply don't understand the problem. HSAs don...You simply don't understand the problem. HSAs don't ask consumers to negotiate price. HSA plans still include a PPO network that does that for them. <BR/><BR/>What it allows them to do is not go broke trying to cover themselves down to $500. In 2005, the average family plan in America costs $10,000/year. The same average American family used LESS than $1,000 in services. The same coverage for a family with an HSA would typically cost 40% Less or $6000/year. <BR/><BR/>Doing the math on these amounts would leave that "average" American family with a winfall of $3000 in premium reductions to save TAX FREE for the future.<BR/><BR/>This comes with all the SAME big ticket healthcare coverage. In fact the exact same if not better. There is still the same coverage from the deductible on. Many times HSAs are written for 100% coverage instead of 80/20 given the consumer the exact amount of their exposure unlike the 80/20 plan with their 20% of some unknown number.<BR/><BR/>Why don't Americans buy $50 Deductible auto insurance. The answer is the premiums would break their backs. The same is true with the a $500 health plan today.<BR/><BR/>It's bad information on good programs that are hurting the Consumer-driven model not the plans themselves.<BR/><BR/>Don't use your dislike for Bush to appear to be an expert on something you clearly aren't.Anonymousnoreply@blogger.com