Statement on Health Savings Accounts

John Goodman of NCPA’s US Senate Testimony on Health Savings Accounts and the need for consumer driven health care.:

“If health care really were free, people would have an incentive to obtain each and every service so long as it had any value at all to them.”
“Some 1,100 tests can be done on our genes to determine if we have a predisposition toward one disease or another. At a conservative estimate of, say, $1,000 a test, it would cost more than $1 million for a patient to run the full gamut. But if every American did so, the total cost would run to about 30 times the nation’s annual output of goods and services.”