Second Edition, Greater Savings.
The book, Health Savings Account: Planning for Prosperity is here revised, making N-HSA a completed intermediate step, and L-HSA a distant mention. Whether to make CCRC next after that, followed by Retired Life, followed in turn by HSA as a Currency Standard-- is left undecided until it becomes clearer what reception the early steps receive. There is a difficult transition ahead of any of these proposals, so perhaps transitions require more commentary. On the other hand, transition can be consolidated, so Congress may prefer more speculation about destination.
Health Savings Accounts: Planning for Prosperity was released before I could polish it, because a national debate about Health Insurance Reform was in progress, and I wanted to put some ideas into circulation. This second edition is a more polished version, arriving a little late to the party. It abandons the old version of N-HSA and substitutes a new version. Its revenue is not only greater, but becomes more predictable. So the net outcome is more foreseeable as we approach it.
Whether to stop there, or go on to three more distant goals (Retirement Communities as the New Center of Health Delivery, The Place of the Elderly in Modern Life, and Total Market Index Funds as a Currency Standard ) will be worked out as the project proceeds. That's the author's problem, not the public's.
It always has been clear Classical Health Savings Account promises only to reduce national healthcare costs by a big chunk, which may still not cover the full 18% of Gross Domestic Product we now spend. The New HSA surely reduces net costs still further, but with a caution: revenue depends on average investment income, and future discovery costs are unknowable.
- Medical Malpractice The medical system is on the point of abandoning the city to escape abusive lawsuits. A series of observations about shared blame, ultimately assigns responsibility to the mistake of allowing this matter to be covered by insurance, thus creating a financial target.
- Whither, Federal Reserve? (1) Before Our Crash The Federal Reserve seems to be a big black box, containing magic. In fact, its high-wire acrobatics must not be allowed to fail. Nevertheless, it may be time to consider revising or replacing it.
- Medical Economics Some Philadelphia physicians are contributors to current national debates on the financing of medical care.
- Clinton Health Plan of 1993 - Part One Mistaking Senate re-election of Harris Wofford to mean the country demanded reform of the medical system, newly-elected President Clinton announced he would create one. When stakeholders surmised he was making it up as he went along, they deserted him.
- Health Insurance Clinton Health Plan and its replacements.
- Government Organization Government Organization
- Financial Planning for a Long Retirement
How should an individual investor ensure they have enough money for retirement?
Such a person is often a professional or entrepreneur who has worked to accumulate wealth. Legions of "advisors" are lined up to take this money and manage it or else to sell "products" that promise to solve some problem or other.
A person who has created their career and their wealth from scratch by intelligence and hard work can also manage their investments themselves, or at least supervise the process from a position of strength created by knowing what needs to be done.
This collection of articles explains to the individual investor how to take control of their wealth. They may eventually decide to look for help from an advisor but they will retain control of their assets and they will know what to do.
Financial Planning videos on YouTube
- Banking Panic 2007-2009 (1) Mankind hasn't learned how to control sudden wealth, whether in families, third-world countries, or the richest nation in history. The world banking crisis of 2007 is the biggest example yet.
- Academia, Medical Version The first hospital in America generated the first medical school, the first medical society, and many of the unique features of American medicine. In modern times, the gusher of federal research funds not only distorted academic medicine, but academia as a whole.
- Whither, Federal Reserve? (2)After Our Crash Whither, Federal Reserve? (2)
- Federalism Slowly Conquers the States Thirteen sovereign colonies voluntarily combined their power for the common good. But for two hundred years, the new federal government kept taking more power for itself.
- Old Age, Re-designed A grumpy analysis of future trends from a member of the Grumpy Generation.
- Why Bother Investing? In a sense, money is worthless until you spend it.
- Controlling the Currency Robert Morris confronted an enduring theme of American politics in 1779: how can citizens without political power protect their assets from government confiscation?
- Banking Panic 2007-2009 (2) New topic 2013-02-14 19:27:06 description
- Medical Economics (2) New topic 2013-04-09 21:37:40 description
- (1) Obamacare: Spare Parts for a Book Maybe these should have been included, but it was decided to leave them out.
- Health Savings Accounts, Regular, and Lifetime We explain the distinction between Health Savings Accounts, Flexible Spending Accounts, and Lifetime Health Savings Accounts. Sometimes abbreviated as HSA, FSA, and L-HSA. Congress should make it easier to switch between them. All three are superior to "pay as you go", health insurance now in common use, only slightly modified by Obamacare. It's like term life insurance compared to whole-life. (www.philadelphia-reflections.com/topic/262.htm)
- (Front Stuff for Health Savings Accounts: Second Edition) George Ross Fisher, M. D. Health Savings Accounts: Second Edition George Ross Fisher, M. D.
- SECTION THREE: Classical Health Savings Accounts: Many Surprises One of the originators of Health Savings Accounts describes their advantages over existing health insurance. Improvements are suggested for the regular HSA. More dramatic cost improvement emerges from a lifetime HSA version, substituting whole-life approaches for pay-as-you-go. Most of this requires legislation, but could reduce health costs dramatically.
- SECTION TWO: Hidden Economics of Healthcare Here are samplings of the reasons Healthcare Reform still isn't going anywhere.
- FRONT STUFF: Health Savings Accounts: Planning for Prosperity; SECTION ONE: HSA and its Competitor, in Brief Editorial material for book construction.
- SECTION FIVE: Multi-Year, the Future of HSA We've spent a lot of time on the 1980 version of Health Savings Accounts. It's already rolling along in action, with only a couple of suggested additions to make it better. The new 2015 version is also before you. But lifetime Health Savings Accounts are only a dream, to be worked on for months or years, because they invade so many turfs, and will require extensive legislation to become a reality.
- SECTION SIX: Condensed Summaries
- SECTION FOUR: New Health Savings Accounts The project combines several concepts developed in other chapters, but is ready to be considered as a whole.
- Passive Investing Low-fee, low-turnover investing of diversified index funds is sweeping away old-fashioned investment management.
- Healthcare Reform: Looking Ahead (2) New topic 2015-07-12 03:32:17 description
- (2) Obamacare: Spare Parts for a Book New topic 2015-07-22 16:02:02 description
- FRONT STUFF: Health Savings Account: Second Edition, Greater Savings
- Health Savings Accounts: Classical Model New topic 2015-09-03 22:42:59 description
- N-HSA: The New Health Savings Accounts Some new ideas are ready to be debated. Here are the ones I favor for 2016.
- (3) Obamacare: Speeches New topic 2015-09-25 21:48:47 description
- Where Quakers Lived: New Jersey New topic 2015-10-07 16:54:27 description