How do health savings accounts and high-deductible health insurance plans limit health care costs?
The theory is you will be more cost-conscious while seeking medical care if the expenses come out of your pocket. It’s hoped this increased financial responsibility makes you a better consumer of health care. It’s hoped that if you’re exploring all of your health care options, the competition among health care providers will reduce health care costs for you and others. Some doctors worry that the pressure to save the money in your HSA might cause you to avoid important preventive care. You should carefully weigh any health care decision with your doctor and not let cost be the sole factor in your decision.
Related Questions
- Isn consumer-driven health care all about health savings accounts (HSAs) and high-deductible insurance policies?
- How do health savings accounts and high-deductible health insurance plans limit health-care costs?
- How do health savings accounts and high-deductible health insurance plans limit health care costs?
