What changes can businesses expect in the future of healthcare?
The future of healthcare is a topic that has been in the media often recently with politicians talking of reform and even possibly universal healthcare. Dr. Michael Morrisey, professor of heath economics and health insurance at UAB, believes we will most likely see the former first. “I do not expect to see a national healthcare plan in the near future, however tax reforms for employer sponsored health plans are quite likely to take place in the next few years.” One trend in the evolution of healthcare that Dr. Morrisey does foresee is the adoption of Health Savings Accounts. While they aren’t quite widely accepted yet, Morrisey believes they will be more mainstream soon, acting as a serious option for employers and individuals. Through these accounts, individuals can take more control of their own healthcare costs, which encourages them to shop around to get the best value for their dollar. By thinking through these issues now and finding out what is most important to employees in term
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