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The most successful and popular healthcare reform that has already taken place started in 2004 – Health Savings Accounts. This is a special account kind of like an IRA, where anyone with a qualifying high-deductible health insurance plan can put aside pre-tax money to cover future medical expenses. Health Savings Accounts encourage people to save for their future, and when they do need to tap into the money to pay for medical expenses they have much greater incentive to be careful how they spend that money.

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Health Savings Accounts: The Future Of Healthcare Posted By:…

Health Savings Accounts or HSAs can help you save money on out of the pocket health care expenses by allowing a portion of your income to go untaxed by the government. HSAs, introduced in 2003 as part of the Medicare improvement legislation signed by George Bush, anyone who is enrolled in a High Deductible Health Plan (HDHP), may put their funds into a Health Savings Accounts.

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Health Savings Accounts Can Save You Money