HSA Focalpoint

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IRS Provides Guidance on HSA Issues.

workforce.com, June 26, 2008
Internal Revenue Service guidance released Wednesday, June 25, provides answers to many health savings account-related questions raised by employers and consultants. To read the guidance, visit http://www.treas.gov/press/releases/reports/notice200859.pdf. (Read More)

HSA Offers Hope to Those with High Deductibles.

suburbanchicagonews.com, June 29, 2008
For those individuals with high deductible health plans, the news is not all bad. The good news is that there are various programs available that provide tax advantages to offset health-care costs for these individuals. The IRS each year continues to increase the benefits of establishing one of these programs in particular - the Health Savings Account. (Read More)

Patients Rarely use Online Ratings to Pick Physicians.

ama-assn.org, June 24, 2008
Although more than 80% of California’s adults turn to the Internet for health-related information, less than one-quarter have looked at physician ratings sites, according to a poll commissioned by the California HealthCare Foundation. Only 2% of those surveyed made a change in physicians based on information posted on a rating site, the survey found. (Read More)

Your Opinion Counts!
We want to know what you think. Click here to complete a short survey about HSAs.

CVS Adds New Health Savings, Flexible Spending Account Tracking Tools.

progressivegrocer.com, June 19, 2008
CVS/pharmacy is aiming to make it easier for shoppers enrolled in health savings account (HSA)-eligible insurance plans and flexible spending accounts (FSAs) to save money and track eligible health purchases as part of its ExtraCare rewards program. (Read More)

Celent: HSA Balances Are Growing.

lifeandhealthinsurancenews.com, June 18, 2008
Average health savings account balances climbed to $1,400 in January, from $1,028 in December 2006. (Read More)

Health Care Debate Alive and Well at Institute 2008.

ahiphiwire.org, June 23, 2008
Election years bring out the best in everybody. This year’s AHIP Institute 2008 is no exception-at least among the three speakers at last Thursday morning’s keynote address, “Health, Humanity and Politics: Prospects for Reform.” (Read More)

Your Opinion Counts!
We want to know what you think. Click here to complete a short survey about HSAs.

Black, Gould & Associates Selects First Horizon Msaver as Preferred HSA Provider.

primnewswire.com, June 10, 2008
First Horizon Msaver Inc., a subsidiary of First Tennessee Bank National Association, announced today that it had been selected by Black, Gould & Associates Inc., a general agency based in Phoenix, Ariz., as preferred Health Savings Account (HSA) provider. (Read More)

How To Choose A Healthcare Plan.

investopedia.com, June 13, 2008
Health insurers want to keep costs down, and you want to keep your health up. Sometimes these two agendas clash, and it can feel like your insurer doesn’t have your best interests in mind. However, you can make the most of your health insurance by understanding the options available to you and choosing a plan that best suits your needs. (Read More)

McCain, Obama Promise More Health-Care Coverage, Differently.

ahiphiwire.org, June 16, 2008

As the presidential race sharpens its focus on the policy differences that define and separate Obama and McCain, nowhere are those differences more striking than in health care. (Read More)

Your Opinion Counts!
We want to know what you think. Click here to complete a short survey about HSAs.

IRS Notice Details Procedures For IRA Transfer To HSAs.

hr.cch.com, June 9, 2008
The Internal Revenue Service has provided detailed guidance to implement a 2006 amendment to health savings account (HSA) legislation that provides plans the option to allow employees to start an HSA by making a one-time tax-free transfer of individual retirement account (IRA) funds. (Read More)

Banks Could Give Insurers a Run for Their HSA Money by Selling Health Coverage.

aishealth.com, June 6, 2008
Several of the nation’s largest health insurers operate banks that administer health accounts opened by their enrollees. But continued growth of health savings accounts (HSAs) could prompt banks to launch their own health insurance companies, some industry observers predict. (Read More)

Your Opinion Counts!
We want to know what you think. Click here to complete a short survey about HSAs.

What on Earth Is a Health Savings Account?

independent.com, June 1, 2008
It’s like having the U.S. Treasury subsidize your health care. With an HSA-qualified deductible plan, you get lower monthly premiums in exchange for a higher annual deductible. Unlike a traditional deductible plan, once you are enrolled in an HSA-qualified plan, you have the opportunity to open an HSA and fund it. These funds can be used to pay for current or future qualified medical expenses. (Read More)

IRS Releases 2009 Health Savings Account Limits.

mondaq.com, May 30, 2008
On May 13, 2008, the Internal Revenue Service (IRS) released Revenue Procedure 2008-29, establishing the 2009 annual Health Savings Account (HSA) contribution limitations and High Deductible Health Care (HDHC) plan limitations (adjusted for inflation) for qualified Health Savings Accounts (HSA). The limitations are effective for calendar year 2009. (Read More)

Health Savings Accounts Continue to Draw Interest.

bizjournals.com, May 16, 2008
The Mountain States Employers Council survey also shows a steady rise in the number of companies offering health-reimbursement accounts, or HRAs. The Denver-based group also found 18 percent of employers surveyed offer an HSA, up from 15 percent last year and from 7 percent in 2006. (Read More)