HSA Focalpoint

HSA Contribution Caps, Deductibles to Rise in 2009.

businessinsurance.com, May 14, 2008
In 2009, the maximum contribution that can be made to an HSA for employees with single coverage will be $3,000-up from $2,900 in 2008-while the maximum contribution for those with family coverage will rise to $5,950 from $5,800. (Read More)

Winn-Dixie Makes It Easier for Customers to Use Their HSA and FSA Cards.

businesswire.com, May 14, 2008
Upgraded software will allow the checkout system to identify qualifying products, charge them to the HSA or FSA account, and then automatically subtract that amount from the total owed for all other purchases. Formerly, customers using HSA/FSA cards to purchase these items had to pay for them at the pharmacy and then go to the regular checkout lanes to pay for the remainder of their items. (Read More)

Use of Health Savings Accounts is Stirring Political Debate.

mlive.com, May 19, 2008
As the number of HSA-eligible enrollees has increased in the Lone Star State and elsewhere across the U.S., so, too, has the political divide between the proponents and critics of HSAs. (Read More)

Far From ‘Flawed,’ HSAs Fill a Huge Gap.

businessinsurance.com, May 12, 2008
When it comes to health savings accounts, it’s clear that Rep. Pete Stark, D-Calif., needs an education. Rep. Stark, who chairs the House Ways and Means Health subcommittee, last week described HSAs, and the high-deductible health insurance plans to which HSAs must be linked, as “flawed policy.” (Read More)

House Panel to Hold Hearing on HSAs.

businessinsurance.com, May 12, 2008
The hearing comes in the wake of the release of a survey by trade group America’s Health Insurance Plans that found enrollment in HSA-linked plans jumped to 6.1 million as of Jan. 1, 2008, a 35% increase from the same period a year ago. (Read More)

Georgia Gov. Perdue Signs Bill Establishing Tax Exemptions For Employer-Provided High-Deductible Health Plans.

healthnewstoday.com, May 12, 2008
According to former U.S. Speaker of the House Newt Gingrich (R-Ga.), founder of the Center for Health Transformation, as many as 500,000 state residents could gain health coverage through the bill. Gingrich said the bill is “ideal” and “moves us in the right direction.” (Read More)

HSA Enrollment Surges: Survey.

businessinsurance.com, April 30, 2008
Enrollment in health savings accounts linked to high-deductible health insurance plans continues to surge with 6.1 million people covered by HSAs as of Jan. 1, a 35% increase over Jan. 1, 2007, according to a survey released Wednesday. (Read More)

Milliman Report on 30,000 Employees with HSAs and HRAs.

hsacoalition.org, April 28, 2008
The results show that CDHPs are creating savings for employers of 4.8%. After adjusting for induced utilization typically found in high-deductible plans, the additional savings amount to 1.5%. The more significant savings should not be dismissed, however, because induced utilization is a key component of the savings strategy inherent to consumer-driven health plans. (Read More)

McCain Wants to Shift Health Insurance From Employers to Marketplace.

ahiphiwire.org, April 29, 2008
Under McCain’s plan, anyone could get the credit, and those who like their company health care plan could choose to stay in it. The credit would be available as a rebate to people at lower income levels who have no tax liability, Holtz-Eakin said. (Read More)

Senator DeMint Introduces ‘Health Care Equity Act.’

ahiphiwire.org, April 21, 2008
Sen. Jim DeMint (R-SC) recently introduced legislation, S. 2835, that seeks to achieve greater equity in the tax treatment of health insurance while also addressing a significant issue affecting Health Savings Accounts (HSAs). (Read More)