Proposal would require state offer HSAs
MADISON, Wis. (AP) — Government workers in Wisconsin would have to be offered a high-deductible health insurance plan with a health savings account under a proposal to be voted on Tuesday.
The provision included in Gov. Scott Walker’s budget is up for consideration before the Republican-controlled Joint Finance Committee.
It calls for creating the new health insurance option for state and local government workers starting in 2015.
Contributions to health savings accounts are tax-free and the money can be tapped for health-related expenses by the employee.
They and high-deductible health insurance plans are viewed by some as ways to control the growth in health care costs by providing financial incentives for covered people to make cost-effective treatment options.