Brian C. Blase and Lanhee J. Chen in the WT: First, Give Everyone Access to an HSA
First, Mr. Trump should ensure that every American has a health savings account (HSA). Currently, only people with certain types of health insurance can benefit from HSAs. But these restrictions prevent most families from saving and investing tax-free for their health care, giving them the freedom to better control their health care spending. Broader access to HSAs is crucial to better engage consumers to seek value and increase competitive forces on providers to lower prices and improve quality.