In perhaps one of the least surprising stories to come out this week, Califronia HealthLine reported that “Most uninsured U.S. residents likely will not enroll in high-deductible health plans with tax-free health savings accounts
Apr
21
Insight, analysis & opinion from Joe Paduda
“more than half of uninsured residents do not pay taxes because of their low incomes”
I agree it’s probably true that the uninsured won’t find a tax advantage in HSA’s.
I also think a more compelling reason for their avoidance of these arrangements is their low incomes. What good is the insurance if they are bankrupted before meeting the deductible?