JPS Auction of Surplus Items on April 1, 2006

Curnis shared that the Jackson Public Schools Property Accounting Department will auction hundreds of items of used equipment and surplus items on Saturday, April 1, in the parking lot of district offices at 638 South President St. Bidders may view items and register from 8-9 a.m. The auction will get underway at 9 a.m.

The items are no longer needed by JPS schools and offices. Included in the items to be sold to the highest bidder are audio-visual equipment, televisions, 10 school buses, band instruments, computers and monitors, copiers, lawn equipment, overhead projectors, pianos, printers, record players, sewing machines, typewriters and VCRs.

State law prohibits JPS employees and their immediate families (husband, wife, children, mother and father) from bidding. The auction will be conducted by a professional auctioneer. All sales are on a cash basis. Checks and credit cards will not be accepted. All sales are final. No merchandise may be returned. Purchasers must provide their own transportation for items purchased, and all items must be removed from the JPS warehouse by April 3.

For more information, call 601-960-8806.

The How-To Guide to Health Savings Accounts

Today many insurance plans cover virtually all of your health care costs, in exchange for an expensive monthly charge, or premium. Employers usually pay the premium and the employee collects the benefits. Employees are generally not involved in choosing their health care plan and do not know how their dollars are actually being spent. Because an insurance company reviews claims and pays bills, the actual consumer of health care is entirely removed from the process of assessing the cost versus the benefit of any particular health care service. Under this third-payer system – whether the third-payer is an employer or a government program – health care consumers are not permitted to shop around for better service, cash discounts or lower prices.

Health Savings Accounts (HSAs) address the basic economic distortions caused by the thirdpayer system. Consumers with HSAs have a tax-free account with money to spend on routine medical costs, combined with an inexpensive, high-deductible insurance policy to pay for catastrophic medical care in case of major accident or serious illness. Consumers with HSAs have a financial incentive to spend their dollars wisely, because unspent dollars accumulate tax-free in their own personal accounts. Consumers are now able to shop around, compare prices and providers, and select the medical services that are best for them. The resulting market competition puts urgently-needed downward pressure on rising health care prices.

To find out more about HSAs, click here to read a new report by the Washington Policy Center.

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