My [Soon To Be] Illegal Health Insurance Plan

For a long time I did not have health care. I was fresh out of college and was relatively healthy. For me, there was no real need for health insurance. But, a year and a half or so ago I decided that it was in my best interest to sign up for a health care plan.

I spent about two weeks using sites like ehealthinsurance.com comparing literally hundreds of plans with all kinds of different features until I found the one that suited me best.

I selected an HSA from Kaiser Permanente. An HSA (Health Savings Account) is similar to an IRA, but for health care savings rather than for retirement. A person enrolled in a HSA is allowed to contribute up to $3000 tax free each year to their account.

Under Federal law, these HSA’s must be paired with a HDHP (High Deductible Health Plan). For example, my plan has a $1200 deductible, but everything after that is covered 100% by Kaiser.

I love my plan...

To read the rest, please visit my site: http://americanlyyours.com/?p=533

Health Care In Georgia VS. Massachusetts (Massachusetts Is The Model For The Obama Plan)

This is an interesting and humerus video on health care. It compares the health care systems in the State of Georgia and Massachusetts.

You may recall that the health care plans being pushed by the Administration and Democrats in Congress are very similar to the provisions passed in Massachusetts’ 2006 health care reform bill.

While it may sound good to pass a bill that will subsidize a scarce resource (in this case health care), doing so always has consequences. In this case, dropping the price of health care has led to an increase in the number of people taking advantage of these services, resulting in a massive shortage in services. This in turn results in an increase in the price of services for those who are notable to take advantage of the government subsidy.

To see the video, click here.