President Bush speaks at Wendy's
February 15, 2006
DUBLIN, Ohio— President Bush spoke at Wendy's headquarters Feb. 15. He talked about good health, and his plan to help America pay for it at the home office of the nation's third-largest QSR chain.
Bush urged Americans concerned about health-care costs to consider a fledgling government program built around high-deductible insurance for catastrophic illness or accidents and tax-free personal savings accounts to pay for routine medical needs.
The health savings accounts offer participants choices in health care while holding down costs, because the payments come from a patient's savings account, Bush said. If patients shop for the lowest prices, doctors and others will yield to competitive pressure, he said.
The White House was attracted to Wendy's because of its employee health care program. The company offers health savings accounts to employees, paying a share of the catastrophic insurance and contributing to the accounts, Bush said.