Policy Documents

Health Savings Accounts: What They Are, How They Work, and Why They are Good for Maine

Tarren Bragdon –
May 22, 2006

Since enacted into law by Congress in 2003, Health Savings Accounts (HSA) have provided Americans with the opportunity to save pre-tax dollars for future medical expenses.  This study takes a look at how the Health Savings Accounts are performing since their implementation two years ago (January 2004), and how Health Savings Accounts can work to lower the cost of health insurance premiums in Maine.