Opinion: HSAs lucrative for insurers, costly for consumers
In its ongoing attempt to weaken a key provision of the healthcare reform law -- the one that requires insurers to spend at least 80% of premiums on medical care -- the insurance industry is predicting dire consequences for people enrolled in health savings accounts if lawmakers don't act soon. America's Health Insurance Plans, the insurance lobbying group, warned in a recent report that the rapid growth of HSAs will be hurt unless Congress exempts them from the 80% requirement -- or abolishes the threshold altogether. HSAs are available only to people enrolled in high-deductible plans. They are also exceedingly profitable for insurers.
- Patient Harm Data to Remain on Medicare's Hospital Compare Site
- Quiet ORs Better for Patient Safety
- Leapfrog Hospital Safety Scores 'Depressing'
- Tavenner Confirmed as CMS Administrator
- Building a Better Healthcare Board
- CMS Seeks to 'Rapidly Reduce' Medicare Spending with $1B in Grants
- Hard-Nosed About Physician Teamwork
- Rural Healthcare Can Entice the Best and Brightest
- How Medical Debt Forgiveness Benefits Hospitals
- Healthcare Leaders Sound Off on Organized Labor