I know a lot of people don’t like podcasts and the one I did with Grace Marie Turner from Galen back in April was both fascinating and recorded in a painful way to listen to. So now I’ve found CastingWords who do excellent transcripts for relatively little money, I’ve had this one transcribed. My original comments and the podcast are here. Read enjoy and comment away
Matthew: So I’m talking with Grace-Marie Turner. Grace-Marie is the president of the Galen Institute, which is a think-tank based in the Washington, D.C. area which has been very vocal on the consumer directed healthcare and HSA side. She is also taking part in a consumer directed healthcare conference coming up in San Francisco, and as part of that, I thought it would be fun to interview her. So Grace, welcome to our THCB podcast. How are you today?
Grace-Marie: Thank you. I’m fine. Delightful to be with you.
Matthew: OK, so let me start off. As you know, people of different political persuasions are reading a lot of different things into the early data that’s coming back from the consumer directed health plans, HSA, HRA, high deductible health plan movement that’s going on. And there are people with different political persuasions looking at the same data in different ways. So I don’t want to get too much into the mire of that, but I’m interested in the philosophy behind why you think that a consumer directed high deductible health plan is a good thing for the nation as a whole. So I’d like to get your take on that, and then I have some questions around how this thing how it works in theory rather than practice. So in general, why are you a supporter of this movement?
Grace-Marie: All right. First of all I’m not sure that it’s the right thing for the country as a whole, but I think that there are millions of people out there who are truly shut out of the health insurance market that find health savings accounts an attractive alternative……