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Article: HSA proposal packed with common sense.(Health Savings Accounts)
- Article from:
- Business Insurance
- Article date:
- February 12, 2007
CopyrightCOPYRIGHT 2007 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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If we had to describe the new health savings account reform proposal advanced by the Bush administration in a word or two, it would be common sense.
As we report on page 1, the proposal in the administration's 2008 federal budget package unveiled last week includes several HSA-related changes that are so logical it would make one wonder why these were not included in the original 2003 HSA law.
For instance, take the most significant provision in the package that would allow employers to link employees' HSAs to a health care plan other than one that has a high deductible-as now is the case.
Under the proposal, a health care plan would be eligible ...