Navigation Links
President Bush Urges Citizens to Invest In Health Savings Account (HSAs)

In an attempt to manage the ever-increasing health care cost and increase the availability of medical insurance, the U.S. President, George W. Bush has urged the citizens to invest // in health saving accounts or HSAs that comprises of pretax dollars. At the time of need, the funds can be mobilized to pay for the medical expense.

High deductible health insurance policies and lowest annual premium rates are coupled with the HSAs. In order to make it look more attractive, several measures have been planned that would be implemented in this year’s agenda. The deductible amount would be raised further to match the out-of pocket spending.

The HSAs created in 2003, can be availed by either self or through employers. It has more than 3 million participants to its credit. The main advantage of the HSAs over other plans is that balance funds can be carried over to the next year.

If people were encouraged to spend on their own, it is hoped that they would resort to cost effective treatments and would reconsider about consulting with a physician for a minor ailment. Patients have been warned about taking decisions on their own. It is felt that the health care decision should be an informed one, based on patient-physician collaboration.

A study conducted by a management agency is indeed in support of the proposed low premium, highly deductible HRA plan that revealed that consumers were likely to refrain from seeking medical treatment for less serious conditions and are more likely to enquire about cheap medicines or pocket friendly treatments when they had taken up consumer-directed policies.

The issue also raises serious concerns about the effective delivery of health care services. It is further stated that this move can also aggravate a clinical condition, necessitating spending of a much larger amount at a later stage, if ignored initially. Most people don’t even have enough time or skills to analyze the cost, risk a nd benefit involved in health care and take appropriate decisions.

In line with the above arguments, whether or not the President would succeed in the implementation of the proposed plan is a question that needs to be addressed by the public and time, of course.


'"/>




Related medicine news :

1. Past President Narayanans Condition Still Critical
2. President and Founder of National Obesity Forum Resigns
3. President Bush proposes HSAs scheme for the benefit of both the workers and the country
4. President’s verdict: no need to panic over bird fl
5. Delhi Hospitals On Standby For President Bush
6. Former IMO President Shows Interest In Winning General Election
7. Chicken Dishes Were Off The Menu At Pakistan Presidents House
8. Man Appeals to President to Save His Ailing Son
9. President Kalam Meets Striking Medicos However Stir to Continue
10. Medicos Seek President’s Permission For Self-Immolatio
11. President Kalam Meets Striking Medicos However Stir to Continue
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:10/13/2017)... Las Vegas, Nevada (PRWEB) , ... October 13, 2017 , ... ... of 7® Hemp CBD Oil utilizing Purzorb™ technology. Applying the Purzorb™process to full spectrum ... CBD dose required and providing a CBD form that can be easily incorporated into ...
(Date:10/13/2017)... ... October 13, 2017 , ... Many families have long-term insurance that covers ... companies have a waiver for care if the client has a cognitive impairment diagnosis. ... pays for care, is often waived, so the benefits from their insurance start immediately,” ...
(Date:10/13/2017)... , ... October 13, 2017 , ... Yisrayl Hawkins, Pastor ... that explains one of the most popular and least understood books in the Holy ... and puzzling descriptions that have baffled scholars for centuries. Many have tossed it off ...
(Date:10/13/2017)... ... October 13, 2017 , ... “America On The Brink”: ... “America On The Brink” is the creation of published author, William Nowers. ... As a WWII veteran, he spent thirty years in the Navy. Following ...
(Date:10/12/2017)... ... October 12, 2017 , ... The ... demand of today’s consumer and regulatory authorities worldwide. From Children’s to Adults 50+, ... to meet the highest standard. , These products are also: Gluten Free, ...
Breaking Medicine News(10 mins):
(Date:9/22/2017)... , Sept. 22, 2017 AVACEN Medical ... device is now successfully helping those with the widespread ... Fibromyalgia diagnosed Amanda in Essex, England ... and washing my hair, experiencing no sleep at all, ... painful spasm… I cannot recommend [the AVACEN 100] enough, ...
(Date:9/19/2017)... , Sept. 19, 2017   ZirMed Inc ., ... analytics, today announced that it has been ranked #1 by ... Black Book™ Rankings 2017 User Survey. ZirMed was recognized ... for large hospitals and medical centers over 200 beds and ... Book,s healthcare technology user survey history. ...
(Date:9/18/2017)... Sept. 18, 2017 EpiVax, Inc. ... bioinformatics and immune engineering, today announced a ... A (H7N9) vaccine. ... seasonal influenza and presents a challenge for ... exposure to be effective. Using state-of-the-art bioinformatics and ...
Breaking Medicine Technology: