This will be a short, angry diary. This is the first year my company shoe-horned us into a medical HSA. I had a simple question about how it works.
I had to speak with FOUR COMPANIES to get an answer.
Their benefits administrators
The health insurance company
The bank administering the HSA
That is 4 sets of expensive CEOs, 4 sets of admins, 4 sets of auto phone systems etc etc etc. All this took 45 minutes out of my working day. Single payer, free at point of service would have taken nothing out of my work time.
How in all that is holy is that "more efficient" than single payer? Can someone point me to credible studies that have examined the relative costs between our current system and single payer?