In response to a question about the cause of rising health care costs in last week's domestic policy debate, President Bush blamed the rise on a lack of consumer involvement and then declared his support for Health Savings Accounts. On the stump, he frequently trumpets these acounts, known as HSAs, as a way to "own your own health care." Yet under the pretext of restraining health care costs by empowering consumers, HSAs could have precisely the reverse effect. Rather than… more
