Today we will be discussing Health Reimbursement Accounts (The HRA). An HRA is an account owned and funded by a business or organization for the purpose of reimbursing the employees of that business or organization for qualified, out-of-pocket medical expenses.

Tort reform is not “The Answer” to the health care problem but to put your head in the sand like some legislators have on the issue is insanity. Most proponents of tort reform for medical malpractice believe (and this was echoed by President Obama in his speech last Wednesday) that fear of lawsuits drives doctors to perform unnecessary tests sometimes in redundancy in order to escape malpractice suits.

What advice can be offered when a national insurance broker like Aon is predicting 10 percent across the board increases in health insurance premiums?

The advice is NOT sit-back, auto-renew and wait for a Public Option. Because there is a very honest chance the Public Option never materializes.