A closer look at health savings accounts.

On Jan. 31, President Bush outlined his proposal for "consumer-driven health care"--a new approach to providing health coverage to Americans--in his fifth State of the Union address to Congress. This proposal, which shifts greater responsibility and costs to individuals for their health care coverage in order to cut health care expenditures, includes the expansion of Health Savings Accounts (HSAs).

Bush told Congress and his television audience that he would strengthen HSAs "by making sure individuals and small-business employees can buy insurance with the same ...

Read the rest of this article with a Free Trial at HighBeam Research.