HSAs and the Low-Income Family
A Review of the Latest Kaiser Family Foundation Report
Written By: Greg Scandlen
Published In: CHCC Report > CHCC Reports
Publication date:
10/17/2006
Publisher: Consumers for Health Care Choice
HSAs are criticized for offering tax benefits that are more generous to higher-income families. But the current HMO/PPO system also offers extremely generous tax benefits to the wealthy and not to the poor, and is rarely criticized. The fact is that lower-income families need additional assistance to afford health care -- regardless of the benefit design. President Bush proposed a refundable tax credit of $3,000 per family, but got very little support from the same people who today are so critical of HSAs.
See more articles by Greg Scandlen
Grace-Marie Turner is president of the Galen Institute, a public policy research organization that she founded in 1995 to promote an informed debate over free-market ideas for health reform.
