Tax Proposals and HSAs Archive
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New Georgia and Florida Health Plans Unlikely to Reduce Ranks of Uninsured
July 1, 2008
This year, Georgia and Florida — states in which the percentage of people who are uninsured is well above the national average of 18 percent — have enacted legislation aimed at decreasing the number of uninsured residents. Georgia created new tax breaks for high-deductible health plans, while Florida will allow private … -
GAO Study Again Confirms Health Savings Accounts Primarily Benefit High-Income Individuals
May 19, 2008
A new Government Accountability Office (GAO) report indicates that Health Savings Accounts are used disproportionately by affluent households. Its findings also suggest that HSAs are being used extensively as tax shelters.[1] What Are Health Savings Accounts and Why Are They Attractive as Tax Shelters? Established by the 2003 …
