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Bush Administration's Proposed Solutions for Controlling Health-care Costs

Bush Administration's Proposed Solutions for Controlling Health-care Costs


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by Eric M. Parmenter, C.L.U., Ch.F.C., L.U.T.C.F., R.E.B.C., R.H.U., S.P.H.R.
Many employers now believe that our country is in a full-scale health-care benefit crisis. Joe Bohm, a homebuilder from Crofton, Maryland, believes it. He has 90 employees, and just like many other small businesses, his premiums went up 15 percent this year. He is tired of it. He?s tired of not having the capacity to bargain for better coverage and rates. This being an election year, the health-care debate is moving to front and center in American political discussions. Two of the central components of the Bush Administration?s proposals are health savings accounts (HSAs) and association health plans (AHPs).