Health Savings Accounts survive Obamacare!

I thought Obamacare would have HSAs targeted to go the way of the dinosaur, but (thankfully) I was wrong!

Click on my tailgate to read ObamaCare vs HSAs

Since everyone will be required by penalty of law to purchase health insurance, the lower cost premiums associated with HSA qualified High Deductible Health Plans are poised to be more popular than ever! 

Yes, there had to be a couple small changes to HSAs such as not allowing over-the-counter medications to be tax deductible (also applies to Flexible Savings Accounts) and the penalty for withdrawals for non-eligible expenses will go up to 20% (currently 10%). Neither of these are enough to deter anyone from the amazing triple tax advantages only available with Health Savings Accounts.

And I was worried I was going to have to change my tailgate…

(UPDATE: Read ObamaCare vs. Health Savings Accounts article published in Ingram’s Magazine September, 2012)

Socialized Medicine the Ultimate Cure? No. Here’s the Other Side of This Story…

Uninsured In America Video SeriesWith so many current politicians correctly stating that our health care system is in need of drastic changes, some have declared single-payer health care systems and socialized health care systems as the only thing that would solve our problems here in the USA.  These politicians often praise the Canadian system as one we should look to.  Many Americans saw the movie “Sicko” and agree with Michael Moore’s portrayal of socialized medicine as the ultimate cure.

Stuart Browning has produced a short video series that shows the other side of the story:

Although there are many examples of our system not working correctly, we believe the current privately insured system can be fixed.  Health Savings Accounts, along with their qualified insurance plans, are showing tremendous promise in significantly reducing health insurance premiums and making quality health care affordable for millions of Americans that were previously uninsured. 

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