NEWS: Health savings plans attracting more enrollees
Patient Access Weekly Advisor, May 7, 2008
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Health savings accounts—insurance plans with savings accounts—have seen nearly twice the number of enrollees from two years ago, to more than 6 million, the News & Observer reports.
The Bush administration started health savings accounts in an attempt to reduce rising health care costs. Employees who buy health insurance plans with a high deductible can deposit up to $2,900 into the account tax-free, and up to $5,800 for families. They can use the money to pay their medical expenses or save it for future needs such as retirement.
To read the full story in the News & Observer, click here.
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