This year’s tax season presents double punishment for today’s taxpayer: high taxes and higher health care costs.

The twin threats, according to Americans for Free Choice in Medicine (AFCM), are related — and a tax provision offers a partial remedy, just in time for April 15.

“Health Savings Accounts (HSAs) help consumers avoid both higher taxes and higher health care expenditures,” suggests Richard E. Ralston, executive director of Americans for Free Choice in Medicine (AFCM). “The best way to keep both taxes and the cost of health care down is to keep control of your own health care.”

Ralston explains that HSAs, used with low premium, high-deductible health insurance policies, put health care squarely within affordable reach of most Americans. Banks, insurance companies, and mutual fund firms now offer HSAs, which became law in 2004. HSAs have been heralded by most personal finance analysts as better than the Roth IRA. Ralston adds another item to the tax policy wish list: an exemption for every individual¹s health insurance premiums.

For now, Ralston advised taxpayers: “Look into tax-free Health Savings Accounts (HSAs) and liberate your health insurance premiums from taxes.” Ralston’s health care commentary has been published in the Houston Chronicle, Orange County Register and the Washington Times.

Americans for Free Choice in Medicine, (AFCM), was founded in 1993. AFCM educates the public about the principles of socialized medicine and free market ideas, such as HSAs and tax reform, and publishes a consumer’s guide on its Web site ( AFCM is the nation’s only educational organization based on individual rights, personal responsibility, and free market ideas in medicine.

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