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Understanding Health Savings Accounts

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Understanding Health Savings Accounts

Health Care

Understanding Health Savings Accounts

Understanding Health Savings Accounts

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  • <iframe src="https://www.npr.org/player/embed/4824110/4824111" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

A relatively new concept, the health savings account was created as a way to help consumers save and pay for family health care. The tax-free accounts require users to do their own research on medications and procedures, but they may be a big money-saver for some families.

Guests:

Dr. Henry Simmons, president of the National Coalition on Health Care

Frank Ciotola, co-owner and vice president of DaVinci Restaurant in Columbus, Ohio

Uwe Reinhardt, professor of economics and public affairs at Princeton University