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Monday, March 1, 2010

Indiana Governor Rolls out Health Care Idea

... Indiana Gov. and possible 2012 candidate Mitch Daniels's argument that his state's health care system – specifically, its system of Health Savings Accounts – would be a superior model for cost-containing health care legislation.
As Democrats work to define Republicans as the "party of no ideas," Daniels defends his in the Wall Street Journal: “In the second straight year in which we've been forced to skip salary increases, workers switching to the HSA are adding thousands of dollars to their take-home pay. ... The state is saving, too. In a time of severe budgetary stress, Indiana will save at least $20 million in 2010 because of our high HSA enrollment. ...

“Most important, we are seeing significant changes in behavior, and consequently lower total costs. In 2009, for example, state workers with the HSA visited emergency rooms and physicians 67% less frequently than co-workers with traditional health care. They were much more likely to use generic drugs than those enrolled in the conventional plan, resulting in an average lower cost per prescription of $18. ... There will be no meaningful cost control until we are all cost controllers in our own right.

“Americans can make sound, thrifty decisions about their own health. If national policy trusted and encouraged them to do so, our skyrocketing health-care costs would decelerate.” - Politico

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