You remember the promise of high-deductible health plans. Lower insurance premiums coupled with unheard of tax advantages for health savings accounts. The freedom and power to shop for healthcare services like a consumer would for just about anything else. They were going to solve the problems of healthcare access and affordability in the United States.
As an employer or an adviser who serves them, you know the brutal truth: the promise hasn’t been kept. In fact, you could argue that high-deductible plans have made matters worse, especially for the most vulnerable.
