Quote:It won't increase competition.

<a class="bbc_url" href='https://www.google.com/amp/s/www.forbes.com/sites/brucejapsen/2016/10/10/sorry-trump-selling-health-insurance-across-state-lines-wouldnt-lower-costs/amp/'>https://www.google.com/amp/s/www.forbes.com/sites/brucejapsen/2016/10/10/sorry-trump-selling-health-insurance-across-state-lines-wouldnt-lower-costs/amp/</a>

 

Your link is useless in my browser.  I refuse to disable my Ad-block software.

 

Quote:Health savings accounts are great. For the wealthy and upper middle class. Very large portions of this country live paycheck to paycheck.

 

They are great for every day Americans.  The thing is, it's up to individuals to actually SAVE their money for routine health care expenses.

 

Here's something to think about, and think about it honestly.  Why do so many people live "paycheck-to-paycheck"?  Just a hunch, but I would bet that a vast majority of them do so because of their own spending habits.  I would guess that these "poor" people have smart phones, cable television, gaming consoles, etc. that aren't necessary.  My guess is that they probably have tablets, the latest laptops and high speed internet in order to access services like Netflix or Hulu.  People don't budget their money properly and have to have the "latest" regarding technology, clothing, vehicles, etc.

 

Health care expense isn't even in their budget.

 

Quote:This is my first year doing an HSA. I think it is great, especially when my premiums are dirt cheap, but........ if someone has a HDHP and has a catastrophic event before being able to accumulate enough in their HSA to cover their deductible, then I can see that as a pretty serious problem.

 

If you are lucky enough to actually be able to accumulate a decent sized medical nest egg in your HSA while avoiding a catastrophic event, then they are awesome. 

 

I only know what my company does as far as HSA's, but do any companies out there do contribution matching for HSA's? That seems like a good idea, but they would obviously need to raise the contribution limits if that were to happen.

 

Company contributions would just be another negotiating tool between an employer and an employee, just like contributions to a 401k.  The contribution limit does need to be increased.

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