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I mean, while we're there... Let's add a carve-out for a no-fee HSA into Obamacare!
The HSA would provide no discounts, no coverage, no insurance of any kind. All it would be is a bank account that holds pre-tax income for the purpose of paying medical bills.
The insurance companies would be capped at 0.5% of the employee's + company's contributions for their fee.
Employers would be allowed to match the employee's contribution by up to 10x the amount they put in.
Employee would be capped at 10% of their paycheck, which would hopefully prevent any gaming of the system for wages vs. HSA contributions.
The thing is, your employer is being charged something like $2,000 - $3,000 a month (or more) to subsidize your health plan and then you're ALSO paying hundreds of dollars on top of that in a normal office job.
If the employer could take that money and instead put it directly into your HSA, that would mean all your regular hospital bills would be paid for and you'd end up with a giant health savings account over a few years.
Combine that with a carve out for a health plan that ONLY covers health emergencies like sudden injury due to car accident or heart attack, and you've suddenly got affordable health care.
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