Wednesday, February 01, 2006

 

Bush Touts Health Savings Accounts

For some, health savings accounts offer the potential of saving money on health care. But there's a catch: To qualify, a person also must purchase a separate health insurance policy with a high deductible.

More than 3 million people have purchased such policies, with enrollment tripling over the past 10 months.

President Bush says he would like to see the number increase, and in his state of the union speech Tuesday night he proposed that Congress approve additional tax incentives for those who purchase the policies. He said lawmakers also must allow workers to take the coverage with them as they change jobs.

Bush Touts Health Savings Accounts
Source: Insurance News Net

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