Friday, June 5, 2020
Samuel Estreicher (NYU) & Clinton G. Wallace (South Carolina), Equitable Health Savings Accounts: Bridging the Left-Right Divide, 56 Harv. J. on Legis. 395 (2019):
It is past time for HSAs as they currently exist to be reexamined and reformed. Equitable HSAs can help control costs without sacrificing healthcare consumer autonomy, focusing government subsidies in a way that increases the government’s bang-for-its-buck in promoting informed consumption of healthcare services. At the same time, Equitable HSAs can strengthen the progressivity of the tax code. This should be a win-win for proponents of market-based policy solutions, as well as for egalitarians concerned with equity in government aid. Equitable HSAs also help illuminate the utility of cash grants as a policy mechanism that can potentially bridge the divide between Democrats and Republicans on some social programs.