|
America is facing a real health care crisis, and USAction advocates for real solutions. Health Savings Accounts will do nothing to help America's low-income uninsured families find the coverage they need.
Health Savings Accounts were established by the 2003 Medicare prescription drug law. They are available only to those with high-deductible health insurance plans, and only practical for those who can already afford to set money aside.
A Health Savings Account is a tax break on money used for health care costs. But because more than a third of uninsured Americans do not earn enough to pay federal taxes, the help would be useless for the people who need it the most. Millions more Americans would save, at most, ten percent of the cost of their premiums.
At best, the Health Savings Account plan amounts to a tax cut for those who can already afford costly insurance plans. For everyone else, it's another false promise designed to distract attention away from the continued absence of an honest, comprehensive health plan for all.
|
