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MSNBC Quotes JoAnn Laing

Are health savings accounts good medicine?

Approach may cut costs by giving patients more say in their care

By Roland Jones
Wall Street reporter
Updated: 1:49 p.m. ET Feb. 2, 2005

"The self-employed benefit the most from HSAs, notes JoAnn Laing, author of “The Consumer Guide to HSAs."

“They get a double benefit because they get to write off as a business cost both the cost of the health insurance premium and the amount they contribute to their HSA each year,” Laing says, adding that businesses also benefit, as they can write off the cost of providing catastrophic health insurance for their employees, which already costs less than regular health insurance.

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