Article HSAs Won't Cure Medicare's Ills
Leonard E. Burman, Linda J. Blumberg
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Here's one message from the new "bipartisan" Medicare bill currently being debated in Congress: Low-income elderly people are having a hard time paying for their prescription drugs, so we need... another tax cut for rich people! Today's tax cut for rich people--health savings accounts (HSA)--has been all but lost in the debate about the proposed new Medicare prescription drug benefit, but this wolf in sheep's clothing shouldn't be overlooked. It is bad tax policy and bad health policy.
Research Areas Health and health care Aging and retirement Taxes and budgets
Tags Federal health care reform State health care reform Private insurance Medicare and private health insurance Individual taxes Federal budget and economy
Policy Centers Health Policy Center Income and Benefits Policy Center