Tag Archives: hsa plans

Obamacare – Government’s version of an arranged marriage?

You know what they say about an arranged marriage? Don’t worry – you’ll learn to like it.

Interestingly enough, that is now Obama/Pelosi’s message: Don’t worry America, you’ll learn to like it.

What kind of fools do they take us for?

The whole arranged marriage scenario presupposes that we didn’t know what we were getting in advance. But we did. The American people are surprisingly informed about this humongous piece of historical legislation that will impact virtually everyone’s lives.

Here’s what I have been able to ascertain so far.

Poor people – love it.
Well to do folks – hate it.
Everyone else – not so sure. If they have been denied coverage in the past, they generally like it – until they see the premiums. One of these days, a subsidy will kick in – but it will not cover as much as an employer would subsidize. In general, I think this category of people never will be happy with the cost/benefit analysis. And of course, if they are “well to do” by Gov’t standards ($88k/year) they won’t get any subsidy at all – only higher taxes and higher premiums.

At this point, my recommendation to people is simple and straightforward – get a health savings account plan in place ASAP. HSA plans were saved! They are part of the bill – they will live forever. There is no question – they always will be the lowest priced option available to anyone over age 30. The only question remaining is this – why wait? Premiums will only get higher – trust me.

I invite you to use our quote engine to get quotes for high deductible plans that are compatible with HSA savings accounts. Don’t hesitate to ask if you have any questions.