Tuesday, October 25, 2016
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search

Preview the Paper Preview the Paper

Preview this week's Paper
A limited number of pages are displayed in this preview.
Preview this Week’s Issue ›
Subscribe Today ›

Lost & Found

VideoLost: White Poodle mix, F.M. 539 and Hwy. 87, Sutherland Springs area, needs medicine. Reward. Call 210-789-0118.

VideoFound: Male brindle Boston Terrier, Lake Valley Estates Subdivision, sweet and friendly but misses his family! Call 210-744-6072.
Thanks to the kindness of our neighbors we have located 3 of our missing calves. Still missing brown limousine calf yellow ear tag #39 in Stockdale off CR334 call 210-887-5442
More Lost & Found ads ›

Help Wanted

Although we make every effort to spot suspicious ads before they run, one may occasionally get into print. If that happens, we ask the consumer to call us ASAP so that we can take corrective action.
Experienced agricultural equipment technician needed. The right person for this job will have: a minimum of 5 years experience repairing agricultural or construction machinery with a good working knowledge of diesel engines, electronic service tools, transmissions, A/C systems, hydraulics, electrical, basic computer skills and general mechanical repair procedures. Must have your own tools, a good driving record and be able to pass a background check, pre-employment physical and drug screen. This is not an apprentice or entry level position. We offer competitive pay, paid employee insurance with insurance available for dependents, 401k, paid vacation and holidays. Call Mike @ 210-649-1715 or apply in person at 10865 US Hwy 87 S, Adkins TX 78101.
More Help Wanted ads ›

Featured Videos

Video Vault ›


ObamaCare Embraces Health Savings Accounts

E-Mail this Story to a Friend
Print this Story

The author of this entry is responsible for this content, which is not edited by the Wilson County News or wilsoncountynews.com.
February 21, 2013 | 2,809 views | Post a comment

By Dan Perrin

Despite getting clobbered in the fiscal cliff negotiations, Republicans have something to celebrate this year -- the survival of health savings accounts, or HSAs. They had feared that President Obama would obliterate this critical cost-saving tool.

Sure, the president had promised that ObamaCare would not bar HSA-qualified plans from health insurance exchanges. But we had our doubts.

Fortunately, we were wrong.

A new regulation from the Department of Health and Human Services should put Republican fears to rest. Issued in November, the Department's proposed Actuarial Value Calculator has been tested and re-tested. Republicans and HSA experts can conclude only one thing from this mathematical tool: ObamaCare is safe for HSAs.

HSAs are accounts that allow the owners of high-deductible health insurance plans to save tax-free for medical expenses. HSA-qualified plans offer low monthly premiums, which has made them the fastest-growing type of health plan in United States for the past four years. If initial results from private health exchanges operating in Minnesota are any indication, more than half of insurance buyers want an HSA-qualified plan.

Republicans have lauded HSAs for years, both as a way to bring choice and savings to individual consumers, and as a method for keeping overall health care expenses from spiraling out of control.

The White House and Department of Health and Human Services appear to have also concluded, rightly, that for the health exchanges to work, the option to choose low-cost, HSA-qualified health plans must be preserved.

No one has been more caught off guard by this conclusion than primed-for-battle political operatives like myself. In fact, the proposed health care regulations embodied in the Actuarial Value Calculator are so fair and reasonable that much of the Republican health care policy apparatus has been stunned into silence -- perhaps accounting for how little we've heard about the new regulation.

Literally, with one draft rule, and indications that other draft rules will also permit HSAs, the Department has silenced a huge chorus of Republican critics of the President's health care plan. On Capitol Hill, health care aides to Republican Senators and Congressmen are asking, "what do we say now?" You can hear the delete button being pressed on whole paragraphs of stump speeches pounding ObamaCare.

In a Washington, D.C., board meeting a few weeks ago, I heard this HHS rule being described as "the best Jedi mind trick, ever."

Assuming the rules don't change, the implications are enormous. Inside the beltway, it means a new era of détente has broken out in at least one corner of the health care wars. Republicans can say that one of their signature health care policies has been preserved under ObamaCare. Democrats can point out that the President kept his promise.

More important is what happens outside the beltway. Across America, current HSA owners will get to keep the plans they have. HSA-qualified plans will remain the least-expensive type of health insurance policy on the market. And Americans will have more health care choices than we thought they would.

It's not often in Washington that we get to say "everybody wins," but this is that rare occasion.

Dan Perrin is Executive Director of the HSA Coalition.
‹ Previous Blog Entry

Your Opinions and Comments

Be the first to comment on this story!

You must be logged in to post a comment.

Not a subscriber?
Subscriber, but no password?
Forgot password?

Commentaries Archives

Commentaries page govtrack.us
Commentaries who represents me?
Friesenhahn Custom WeldingVoncille Bielefeld homeAllstate & McBride RealtyHeavenly Touch homeTriple R DC Experts

  Copyright © 2007-2016 Wilson County News. All rights reserved. Web development by Drewa Designs.