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Monday, June 27, 2005

President Bush on HSAs

["Remarks by President Bush on Energy and Economic Security," The Wichita Eagle, 23 June 2005.]

President Bush recently reaffirmed his support for the concept of health savings accounts during a speech at the Calvert Cliffs Nuclear Power Plant in Lusby, Maryland:

If you're running a small business, look into what's called HSA's, health savings accounts -- they're a really interest[ing] product that'll let your worker manage his or her own money, and at the same time make health care more affordable for the small business -- or large business for that matter. HSA's are an interesting, innovative way for people to get good health care insurance that puts you in charge of the decision-making process, that lets you make the decisions, and at the same time, save money for your health care concerns tax-free.

[Matthew Hisrich, "HSAs are increasing Americans' health coverage," The Topeka Capital-Journal, 26 September 2004.]

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