title: Medical savings accounts. Power and choice.
abstract: As the market becomes more saturated and matures, keeping people healthy will become a bigger source of profits and true health maintenance will become increasingly important. Right now, however, the name of the game is restricting services, particularly in new markets. What is sorely needed is a balance between the individual and organizational agendas, between the individual and society. There is a tremendous opportunity for hospital-physician groups contracting directly with employers using Medical Savings Accounts (MSAs) and catastrophic insurance as a core strategy. Are MSAs a viable insurance vehicle? Some argue that those enrolled in MSAs will put off receiving needed medical care. But it can also be viewed that MSAs, by their very nature, put costs back into the negotiation phase between patients as customers and physicians and hospitals as providers--and save money and resource consumption as patients shop around for competitive prices to do what needs to be done.
authors.affiliation: Continental Rehabilitation Hospital of San Diego, CA, USA.
authors.forename: E
authors.initials: E
authors.lastname: Chaplin
mesh_terms: D002388:Catastrophic Illness / Q000191:economics*; D003258:Consumer Behavior; D003363:Cost Control; D017047:Cost Sharing; D005382:Financing, Personal; D018166:Health Care Reform / Q000191:economics* / Q000331:legislation & jurisprudence / Q000639:trends; D006279:Health Maintenance Organizations / Q000191:economics; D006759:Hospital-Physician Joint Ventures / Q000191:economics* / Q000639:trends; D006801:Humans; D008483:Medical Assistance; D006278:Medicare; D017146:Models, Organizational; D015279:Organizational Culture; D014481:United States