Health Savings Sabotage

Opinion Journal ^ | 19 apr 08

[rellimpank]

Democrats have made affordable health care a mainstay of their election agenda, but apparently only if you're willing to get insurance through the government. Witness their stealthy assault on Americans who prefer the private-sector option of Health Savings Accounts.

This week, the House passed legislation that included a provision to require every HSA transaction be reviewed and verified as a legitimate medical expense. Democrats say this is to ensure that consumers are using their tax-free withdrawals for a knee replacement, rather than a new iPod. In reality it adds a layer of bureaucracy that could sharply reduce the appeal and cost savings of HSAs.

[steveyp]

You are correct w/r to the chronic decrease in people’s self-reliance as a result of govt largesse.

[socialismisinsidious]

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