Second Edition, Greater Savings.

The book, Health Savings Account: Planning for Prosperity is here revised, making N-HSA a completed intermediate step. Whether to go faster to Retired Life is left undecided until it becomes clearer what reception earlier steps receive. There is a difficult transition ahead of any of these proposals. On the other hand, transition must be accomplished, 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.