The Liberal Patriot Blog
 The Liberal Patriot Blog is dedicated to collecting and sharing information about National and State [New Hampshire] Political Action, News, and Events.

Sunday, September 18, 2005

Health Care "savings account" scam begins.....

New plans shift health costs to workers

CONCORD, N.H. --As health costs rise, more New Hampshire companies are expected to turn to health savings accounts which shift costs onto their workers.

Mark Galvin, founder of Whaleback Systems Corp., bypassed the traditional low-deductible health insurance plans he used for his three previous companies and bought a health savings account plan from Patriot Healthcare.

Gavin found he could save money for his high-tech Portsmouth company -- half the $1,300 to $1,400 monthly premium for each employee. The trade off was a $10,000 deductible for the workers.

from boston.com


Comments:
A $10,000 deductible? Why even bother?

Time for single payer, folks. Time to put the insurance companies out of business.
 
Damn skippy!
 
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