title: Can MSAs help reduce healthcare costs?
abstract: Medical savings accounts (MSAs) have been proposed as one possible solution to the problem of escalating healthcare costs. Because MSAs allow consumers to shop for healthcare services and negotiate the cost, MSAs have the potential to restrain the rise in medical costs. This article compares MSAs to traditional insurance plans, highlighting the advantages and disadvantages of MSA.
authors.affiliation: Department of Finance, Cleveland State University, OH, USA.
authors.forename: M T
authors.initials: MT
authors.lastname: Bond
mesh_terms: D017047:Cost Sharing; D003669:Deductibles and Coinsurance; D017049:Employer Health Costs; D005382:Financing, Personal; D006264:Health Benefit Plans, Employee; D017048:Health Care Costs; D006301:Health Services Needs and Demand; D006302:Health Services Research; D007183:Income Tax; D010342:Patient Acceptance of Health Care; D014481:United States