W. Todd Akin: “Doctor, again, I would like to cut in for a minute here. You are talking about a medical savings account. What you are…”

“Doctor, again, I would like to cut in for a minute here. You are talking about a medical savings account. What you are saying makes a whole lot of sense. In other words, what you do is you put your money aside, and you have some tax benefits from setting it aside, into not something for your retirement but something to help cover your medical needs. Then, as medical expenses come up during the year, you can pay for those out of this pre-tax money which is in your medical savings account. If you stay healthy and you have a good lifestyle and you didn't have that third helping of french fries, then you may not spend as much money as you put in there and you would be allowed to keep it year in and year out, and it could continue to earn interest to cover in case of a medical problem. Is that right so far?”