60527092 - paper with words weekly health savings account (hsa) on a table.

More Good News for Health Reform: HSAs Continue to Grow

One of Donald Trump’s campaign promises was to make Health Savings Accounts more widely used. The purpose of HSAs is to give patients greater control over health spending and to reduce the share of spending controlled by insurers. Unfortunately, the 2003 law that established HSAs requires they be linked with a highly regulated type of health insurance policy.
These policies, like all health insurance today, give insurers power to dictate prices instead of allowing prices to be formed through interactions between patients and providers (that is, a normal market process). Consequently, these health insurance policies are not as popular as truly

Read more at The Independent Institute