Medical Savings Accounts Study How Do MSAs Work For Employers?
Cost Control: Employees become active partners in controlling health care costs. Employers benefit from stabilized costs and improved predictability of the cost of health insurance premiums.
Employee Satisfaction: MSAs are a tool for employee empowerment.
Employers may expect increased employee satisfaction, less sick pay leave, and greater productivity. Most exciting is the likelihood that 85% of employees will experience increased compensation each year—at no added cost to the employer! These benefits are illustrated in the following company MSA programs.
At a March 23, 2005, House Appropriations hearing on a bill to gut the voter-approved I-601 spending limit, Rep. Jim McIntire (D) asked a supporter of I-601’s two-third supermajority requirement for the legislature to raise taxes the following question:
"Can you name a time when we [legislators] have actually not just set it [supermajority requirement] aside by majority vote? I mean, this is in many respects a procedural motion that has no bearing. It’s a statutory constraint that cannot constrain any legislature that chooses as a majority to set it aside . . . have we ever used a supermajority [to raise taxes]?"