Henricks, Mark
June 2006
Entrepreneur;Jun2006, Vol. 34 Issue 6, p90
The article focuses on the adoption of health savings account (HSA) by entrepreneur Jim Noon in order to cut health insurance costs. It is to be noted that HSAs have significantly lower premiums as compared to other insurance plans. Only half of Noon's employees are taking advantage of the HSA. Noon believes that he is offering employees a better value. He is optimistic that HSAs will become widespread and eventually reduce health-care costs for everyone. He is also optimistic that it will eventually provide the health insurance conundrum's only real permanent solution.


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