"DUBLIN, Ohio, Feb. 15 — President Bush campaigned for his plan to expand health savings accounts on Wednesday here at the headquarters of the Wendy's fast-food chain, declaring that his proposals were not just for the wealthy and would help some of the 45 million Americans who remain uninsured.
In an hourlong speech in one of the most politically troublesome states for Republicans in this year's midterm elections, Mr. Bush took on critics of his plan, who say that poor or underemployed people cannot afford the accounts.
"It's kind of basically saying, 'If you're not making a lot of money, you can't make decisions for yourself,' " Mr. Bush told Wendy's employees assembled in the company's lobby. "That's kind of a Washington attitude, isn't it. 'We'll decide for you, you can't figure it out yourself.' I think a lot of folks here at Wendy's would argue that point of view is just simply backwards and not true."
Under current law, people can open health savings accounts only if they first enroll in high-deductible health insurance plans to cover catastrophic costs, which require an individual to pay at least the first $1,050 of annual medical bills..."
Don't people at Wendy's tend to make minimum wage? I'm trying to figure out how any of them could fund an HSA...
Maybe I'm missing something. Those of us in practice in the field are often accused of misunderstanding the issues.