There is a thinking that if John McCain wasn’t elected that Health Savings Accounts would be in trouble. This couldn’t be more wrong. If Barack Obama’s plan to force employers to offer health insurance to their employees comes into law, this could mean a huge boom for the HSA market. Why? High Deductible Health Plans are the most affordable plans out there for an employer even if they couple them with employer contributions to the HSA, they can still prove more affordable. Beyond that I don’t think that universal health care will ever pass in this country and as long as that never happens, HSAs will continue to be an excellent option for the consumer.
We’ll have more on this in the upcoming weeks as this is an issue that is not likely to go away.
Tags: Barack Obama
