Problem: The Medicare Modernization Act of 2004 included a provision authorizing the establishment of health savings accounts or HSAs. Such accounts have been proposed in the past, both in this country as medical savings accounts (MSAs) and in other countries, as one mechanism to extend health insurance to those without it and to provide some degree of cost containment. Review the history of these accounts, bringing us up to present day, including how they are intended to work and their advantages and disadvantages as articulated by health economists and others. Conclude with your recommendation of implementing HSAs or not, and why.