Health Savings Account-Health Savings Account Info

CanWeBeReal asked:


First Hillary will force OTHER tax-Payers to give me $5000 per child…I firgure I can get a least knock up 10 women per year. Each child will get Hillary’s FREE health-care (cause I’m poor..lol) FREE education, FREE school lunches, FREE child-care, FREE housing, FREE $2500 saving accounts per child as proposed in Iowa 6/21/07, FREE computer & on-line service as proposed NYC 5/18/07.. hell this is great.

Do any of you dumb-a** tax payers mind paying for my lazy A**?

In the old days the Politicians used to give bribes in envelopes…NOW Hillary is just doing in the OPEN…GOD BLESS THE LIBERALS!

Rupert Shuffield

[O]peration [I]raqi [L]iberation asked:


I have a full time job and I support myself. I have a car, my own residence, and get health insurance through my employer. I’m not on welfare and I get by on my own paychecks. I have a savings account and a positive net worth (except for maybe if you count my car note), and I don’t have any credit card debt. I’m not in college, and I’m white.

Yet I’m a staunch liberal. I believe in trickle up economics. I don’t buy into blaming the victim. I would rather have “big government” than “big conglomerates”. I don’t mind paying taxes as long as they get reinvested in the country and not spent on war and on interest to foreign creditors. I do not believe that the answer to soaring energy prices is more tax cuts.

Why is that?

Waldo Schellenberge

Buffalo soldier asked:


So apparently the stimulus isn’t working, the multiplier effect didn’t really take root as it should have, recipients of the stimulus money seem to be saving their money instead of spending it so that it could have a ripple effect across the economy, seems to me the MPS is at it’s highest in years.

The Health Care bill has had companies saving and hiring less because of future expenses. Banks are already reluctant to lend money and now more regulation will be out there which will make them even more reluctant to lend, which will force companies who rely on lines of credit to cover expenses in the short term will very little monetary options, and could ultimately force them out of business.

The only way he could save us, is to repeal his health care plan and create incentives like the Health Care savings account, and allow interstate commerce of Health Care. Make these insurance companies compete with each other.

No cap and trade bill, it’s a job killer and anyone that took Econ 101, and 102 would know this. Instead subsidize companies in the renewable energy sector, because this will eventually bring increase technological advancement in the field and make it more cheaper than what we have currently.

The financial reform bill should include freddie and fannie, and no new taxes, because in the end the consumer will take the tab.

We could argue all day long about how the Prez’s economic policies will affect the SRAS and AD, but it’s definitely not working.

Thaddeus Stark

Mark E asked:


Last year my employees voted to change to HSA accounts from our old PPO health care coverage. Each policy has a $3,000 deductible and I give each of them $3,000 at the beginning of each year. As long as they go to a Blue Cross provider they never have any out of pocket expenses for anything. They are 100% covered once they spend the $3,000 I give them.

This plan saved my employees an average of $2,200 per year and saved the company $27,500 in health care premiums. This is a great plan that my employees want to keep but my insurance broker tells me we will likely need to switch back in the next two years. Who does this benefit?

I THOUGHT IF YOU LIKED YOUR PLAN, YOU COULD KEEP IT!
TMess2,

Both Congressional Proposed Plans outlaw HSAs because the deductibles exceed the maximum deductible allowed for a qualifying plan. The Dems Healthcare package includes minimum qualifying coverages that effectively render HSAs an illegal, non-complying form of coverage. I WOULD NOT CHANGE THE PLAN UNLESS FORCED TO DO SO BY LAWS ADOPTED BY CONGRESS AND SIGNED BY THE PRESIDENT.
Patriot,

Health Savings Accounts remove insurers from the process until extraordinary medical costs are incurred. HSAs allow people to spend their insurance money for items not typically included in health insurance such as dental, eyeglasses and over the counter drugs. HSAs lower premiums to the employer by establishing a connection between the cost of care and the consumer of care by making the consumer write a check (from his prepaid account) each time he decides to seek care, tests or treatments. This doesn’t result in higher overall cost of treatment since the actuaries who calculate the premiums offer a much lower rate for such coverage — enough lower that I can prepay all of my employees HSA accounts and still have money left over. This is how you drop the cost of insurance.

Thaddeus Ulanski

banjo asked:


Existing Law:
Two rainy day accounts for the Education Trust Fund, used to prevent proration, or across-the-board budget cuts: the Proration Prevention Account, which works like a savings account, and the Rainy Day Account, which acts like a credit line. The Proration Prevention Account is funded with tax revenues; the Rainy Day Account gives the state the power to borrow money from the $3.2 billion Trust Fund, funded by the sales of drilling rights and oil and gas leases. The state emptied the $440 million Proration Prevention Account to cover revenue shortfalls in the fiscal 2008 budget. The state can currently borrow up to $248 million from the Trust Fund to cover Education Trust Fund shortfalls. The money must be repaid within five years.

Amendment:
Increase the borrowing limit from $248 million to $437 million
Lengthen repayment to six years for the Education Trust Fund, ten years for the General Fund, both under constitutional mandate
Allow the General Fund to draw up to the equivalent of 10 percent of the previous year’s General Fund budget to meet proration
Establish a General Fund Rainy Day Account to protect General Fund services, such as law enforcement, health care, child protective services, and services for seniors from cuts in a struggling economy, without raising taxes.
Give the governor ultimate authority to withdraw money from the Trust Fund to avoid proration.

Arguments in Favor:
The measure will prevent cuts to educational programs and public education in general
The measure will prevent cuts to state services which would likely lead to less State Troopers

Arguments in Opposition
The measure would encourage irresponsible budgets
The measure would draw down the money in the Trust Fund
The measure would reduce interest payments from that fund to governments across the state
The measure would break the commitment to protect public money

Thanks for answering, wish Y/A would let me give you all points!

Luigi Malnar

I spy on Russia asked:


Tax credit of up to $2,000 per family to help low-income working Americans buy health insurance. Expand tax-free medical savings accounts that can be used to pay for health expenses. Add 1,300 rural health care centers.

Money to states to provide free prescription drugs for the elderly poor while setting up program over four years to subsidize choice in drug plans for other Medicare beneficiaries

http://quest.cjonline.com/stories/110500/gen_1105006587.shtml

Josiah Padget

mike asked:


The bill leaves out a number of the key features of the Democrats’ 1,990-page legislation, such as new requirements for employers to insure their employees and for nearly all Americans to purchase insurance. It also doesn’t block insurers from denying coverage to people with pre-existing health conditions, as Democrats would do.

Instead, the Republican plan increases incentives for people to use health savings accounts, caps non-economic jury awards in medical malpractice cases at $250,000, provides various incentives to states with the aim of driving down premium costs and allows health insurance to be sold across state lines.

“As Leader Boehner has made clear, our proposal will focus on the No. 1 concern of the American people — reducing health care costs, and we do it at a price tag our nation can afford,” said spokeswoman Antonia Ferrier, though Republicans have not said how much their bill would cost
What kind of help exactly will it give the American people? They still dont seem to care about the uninsured.

Alaine Mangum

banjo asked:


Existing Law:
Two rainy day accounts for the Education Trust Fund, used to prevent proration, or across-the-board budget cuts: the Proration Prevention Account, which works like a savings account, and the Rainy Day Account, which acts like a credit line. The Proration Prevention Account is funded with tax revenues; the Rainy Day Account gives the state the power to borrow money from the $3.2 billion Trust Fund, funded by the sales of drilling rights and oil and gas leases. The state emptied the $440 million Proration Prevention Account to cover revenue shortfalls in the fiscal 2008 budget. The state can currently borrow up to $248 million from the Trust Fund to cover Education Trust Fund shortfalls. The money must be repaid within five years.

Amendment:
Increase the borrowing limit from $248 million to $437 million
Lengthen repayment to six years for the Education Trust Fund, ten years for the General Fund, both under constitutional mandate
Allow the General Fund to draw up to the equivalent of 10 percent of the previous year’s General Fund budget to meet proration
Establish a General Fund Rainy Day Account to protect General Fund services, such as law enforcement, health care, child protective services, and services for seniors from cuts in a struggling economy, without raising taxes.
Give the governor ultimate authority to withdraw money from the Trust Fund to avoid proration.

Arguments in Favor:
The measure will prevent cuts to educational programs and public education in general
The measure will prevent cuts to state services which would likely lead to less State Troopers

Arguments in Opposition
The measure would encourage irresponsible budgets
The measure would draw down the money in the Trust Fund
The measure would reduce interest payments from that fund to governments across the state
The measure would break the commitment to protect public money

Thanks for answering, wish Y/A would let me give you all points!

Booker Fulfer

John K asked:


According to the bill, here’s what will happen:

1. Tax part of employer contributions to health insurance. No more tax free health insurance premiums.
2. Impose Medicare tax on state and local government employees. Except for congress of course.
3. Tax sugary and alcoholic drinks. Ante up beer and soda drinkers.
4. Change or eliminate Flexible Spending Arrangements. No more “cafeteria” plans.
5. Modify Health Savings Accounts. Yet another tax hike.

So let me get this straight. Obama said he wouldn’t raise taxes on the middle class…. hmmmm…. well, I guess Joe Wilson was right. Bend over boys and girls. If this POS passes the Senate, you WILL pay ALOT more taxes.

Lorenzo Fey

Nicole J asked:


1. Against illegal immigration but pro legal immigration.

2. Would restore and make FAIR trade mean exactly that fair to both sides as in equal

3. Abolish the income tax and the IRS

4. Make property tax paid once at time of purchase and not year after year

5. Would create medical savings accounts to provide for your health care by deductions from your paycheck going into a fund for you and which you were allowed to withdraw from in times of emergency.

6. Would cut back welfare and related programs encouraging a workfare instead of a welfare.

7. Would make sure public schools taught the children and did not feed them indoctrination
Its not Ron Paul geez u guys

also favors Nuclear Power as the energy that should power this country
In Reference to the Property Tax issue use fees that are added to your property tax cover the schools take a look at your bill just the tax alone doesnt cover you have the tax and then you have user fees or service fees. That you can pay every year but the property tax every year is criminal. when you buy something you pay tax on it ONCE why not with property
Also this person would eliminate capiital gains tax

Andrew