Here in Indiana, we run a nationally-recognized program called the Healthy Indiana Plan. The Healthy Indiana Plan offers the uninsured an affordable health care plan with savings accounts that they control.
By requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts, the plan ensures that Social Security taxes will be used for Social Security.
We designed both our state employee health plans and the one we created for low-income Hoosiers as Health Savings Accounts, and now in the tens of thousands these citizens are proving that they are fully capable of making smart, consumerist choices about their own health care.
In economic panics throughout history, the wiping out of the savings accounts of lower earners and the middle class has often led to social revolution, sometimes violent upheavals.
How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.
Republican-led reforms would help Americans purchase their own coverage through the use of tax credits and expanded health savings accounts so that they can get a plan that works for them, not a one-size-fits-all plan forced on them by the government.
Obamacare does not allow patients to buy insurance across state lines, which would dramatically increase competition and lower costs. It does not allow small business-associated health plans. It limits low-cost health savings accounts options.
The idea of strengthening health savings accounts... that bolsters the marketplace.
The bottom line is, what are we doing to Obamacare? We eviscerate the law in our bill, and then we do things like expanding health savings accounts, which give families real flexibility. We reform Medicaid.
Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.
