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HSA Tax Deduction Probably Would Increase Number of Uninsured, Study Says
Center on Budget and Policy Priorities
May 12, 2004 Excerpt: At the cost of $25 billion over ten years, the President's budget seeks to expand enrollment in Health Savings Accounts by allowing HSA participants to claim a tax deduction for the premium costs of high-deductible health insurance policies that they purchase in the individual health insurance market. Analysis by M.I.T. economist Jonathan Gruber ... finds ... this deduction would likely cause the ranks of the uninsured to increase by 350,000. MORE >> |
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