His plan, according to Paul Krugman, will actually increase the number of uninsured. It goes right along with all his policies that comfort the already comfortable and further afflict the afflicted. There is a crisis coming, and the working and middle class are going to take a huge hit. With the bankruptcy bill in place, it's probably already too late to shake people out of complacency.
http://www.pnhp.org/news/2004/july/medical_class_warfar.phpAlthough the 2005 budget presents that new deduction under the heading ”Helping the uninsured,” health savings accounts don’t seem to have much to do with the needs of the families likely to find themselves without health insurance. For one thing, such families need more protection than a plan with a $2,000 deductible provides. Furthermore, the tax advantages of health savings accounts would be small for those families most at risk of losing health insurance, who are overwhelmingly in low tax brackets.
But for people whose income puts them in high tax brackets, these accounts are a very good deal; making the premiums deductible turns them into a great deal. In other words, health savings accounts will offer the already affluent, who don’t have problems getting health insurance, yet another tax shelter. Meanwhile, health savings accounts, in the view of many experts, will actually increase the number of uninsured.
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