California (my native state) has perhaps the most radical state government in the country. Out here, the powers that be love Obamacare and are enthusiastically establishing the exchanges. But the currently available polices are not compatible with health savings accounts. From the SF Chronicle’s always informative Kathleen Pender column:
Q: Spencer H. writes, “I was reviewing health care plans on the Covered California site and couldn’t figure out which, if any, of the plans are compatible with health savings accounts. Do you know?”
A: Covered California, the state’s health insurance exchange, “is not offering HSA-compatible individual health insurance policies,” says Santiago Lucero, a spokesman for the exchange.
Yes, we wouldn’t want people to have an incentive to save for a time of illness or injury. We wouldn’t want them thinking they are responsible for themselves. Good grief.






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