HSA Focalpoint

CALLING ALL BROKERS: GET IN THE GAME!

Well, not actually in the game. That could be risky. But close enough to feel all of the intense action. All you have to do is recommend the First Horizon Visa® HSA Debit Card to your customers enrolled in an HSA-qualified high deductible health plan. For every referral that results in your customers being issued a card, you’ll earn one entry for a chance to win a trip for two to the 2009 NFL Pro Bowl in Honolulu, Hawaii courtesy of Visa®!

We’ll make sure you have everything you need to enjoy your trip, including:

• Airfare
• Accommodations
• Event transportation
• Two game tickets
• And a $500 Visa® gift card to spend as you wish!

Don’t miss out on this once-in-a-lifetime opportunity. To participate, you must be a registered First Horizon Msaver broker. Registration is quick and easy - simply click here, or go to www.firsthorizonmsaver.com/visa, to get started.

Costs have employers turning to HSAs

chronicla.augusta.com,  October 27, 2008
Employers have found that providing health insurance is an effective way to attract and retain a quality workforce, however, the rising cost of health care is making it harder for businesses to provide that incentive. Health savings accounts are an alternative for cash-strapped businesses to trim healthcare costs while still providing healthcare incentives for employees.
(Read More)

PricewaterhouseCoopers Issues Report On What Employers Want From Health Insurers

businessinsurance.com,  September 14, 2008
“Small employers could be the canaries in the coal mine for the employer-based model,” said Michael J. Thompson, principal of PricewaterhouseCoopers’ human resources services group. “Given that the majority of American workers are employed by small business and that the erosion of insurance coverage is among small employers, insurers are keenly interested in understanding what all apt plan designs and service offerings to better meet their needs.” (Read More)

Why I (Heart) My High Deductible Health Insurance Plan

wisebread.com, October 22, 2008
In reality, I don’t use my Health Savings Account much. It was easy to set up, however, and it helped me to avoid taking a tax hit on extra income this year.   (Read More)

Your Opinion Counts!

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

Direct Deposit for your Quarterly Referral Fees.

You can now have your First Horizon Msaver quarterly referral fees directly deposited into your bank account. Simply fill out the Electronic Funds Transfer Form and send it to our office along with a voided check.

First Horizon Msaver, Inc
7400 W 110 St, Ste 520
Overland Park, KS 66210

Please note that if you choose to have your referral fee direct deposited, you will continue to receive the account breakdowns each quarter for your records.

CALLING ALL BROKERS: GET IN THE GAME!

Well, not actually in the game. That could be risky. But close enough to feel all of the intense action. All you have to do is recommend the First Horizon Visa® HSA Debit Card to your customers enrolled in an HSA-qualified high deductible health plan. For every referral that results in your customers being issued a card, you’ll earn one entry for a chance to win a trip for two to the 2009 NFL Pro Bowl in Honolulu, Hawaii courtesy of Visa®!

We’ll make sure you have everything you need to enjoy your trip, including:

• Airfare
• Accommodations
• Event transportation
• Two game tickets
• And a $500 Visa® gift card to spend as you wish!

Don’t miss out on this once-in-a-lifetime opportunity. To participate, you must be a registered First Horizon Msaver broker. Registration is quick and easy - simply click here, or go to www.firsthorizonmsaver.com/visa, to get started.

Health Savings Accounts Can Help You Save Now and Later

stltoday.com,  October 19, 2008
High-deductible plans cost less than conventional insurance, so many employers agree to put money into Health Savings Accounts that can be used to offset the deductible. Employees also can contribute to the accounts. The money can be used for a broad range of medical expenses, from meeting deductibles to paying for medicines and medical equipment.
(Read More)

Mass. Revises Creditable Coverage Rules.

businessinsurance.com,  September 17, 2008
High-deductible health insurance plans linked to Health Savings Accounts will be automatically considered in compliance through 2009. (Read More)

What Does Cost Transparency Mean? How Is It Related to Reimbursement?

about.com,  October 16, 2008
Many experts believe that if patients better understood the cost of the services and products they want and need, making those costs transparent, then they would ration care themselves, rather than simply expecting their choices to be covered by their payer. (Read More)

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

Direct Deposit for your Quarterly Referral Fees.

You can now have your First Horizon Msaver quarterly referral fees directly deposited into your bank account. Simply fill out the Electronic Funds Transfer Form and send it to our office along with a voided check.

First Horizon Msaver, Inc
7400 W 110 St, Ste 520
Overland Park, KS 66210

Please note that if you choose to have your referral fee direct deposited, you will continue to receive the account breakdowns each quarter for your records.

CALLING ALL BROKERS: GET IN THE GAME!

Well, not actually in the game. That could be risky. But close enough to feel all of the intense action. All you have to do is recommend the First Horizon Visa® HSA Debit Card to your customers enrolled in an HSA-qualified high deductible health plan. For every referral that results in your customers being issued a card, you’ll earn one entry for a chance to win a trip for two to the 2009 NFL Pro Bowl in Honolulu, Hawaii courtesy of Visa®!

We’ll make sure you have everything you need to enjoy your trip, including:

• Airfare
• Accommodations
• Event transportation
• Two game tickets
• And a $500 Visa® gift card to spend as you wish!

Don’t miss out on this once-in-a-lifetime opportunity. To participate, you must be a registered First Horizon Msaver broker. Registration is quick and easy - simply click here, or go to www.firsthorizonmsaver.com/visa, to get started.

Trim Drug Bills, Weigh Plans to Cut Health Costs, Advisers Say

bloomberg.com,  October 13, 2008
Employees need to look closely at using generic drugs, independent labs and Health Savings Accounts, health-care advisers say, to save money amid higher insurance deductibles and rising premiums.
(Read More)

Employees Open HSAs, if Their Bosses Kick In

blogs.wsj.com,  September 19, 2008
Offer up seed money. UnitedHealthcare came out with a survey of its customers that showed 86% of people opened an HSA if their employer offered up a contribution. That’s compared to 27% when the employers kept their purse-strings tight, according to United. About two thirds of employers contribute to the accounts. (Read More)

Your Money: Should you take advantage of your company’s HSA option?

mddailyrecord.com,  October 10, 2008
Fall is approaching, which means for many workers that open enrollment is coming. Open enrollment is a specified time period during which companies let their employees sign up for various health and retirement savings benefits as well as smaller benefit options that may be unique to a company. One of those options might be a health savings account, also known as an HSA. (Read More)

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

Direct Deposit for your Quarterly Referral Fees.
You can now have your First Horizon Msaver quarterly referral fees directly deposited into your bank account. Simply fill out the Electronic Funds Transfer Form and send it to our office along with a voided check.First Horizon Msaver, Inc
7400 W 110 St, Ste 520
Overland Park, KS 66210Please note that if you choose to have your referral fee direct deposited, you will continue to receive the account breakdowns each quarter for your records.

CALLING ALL BROKERS: GET IN THE GAME!

Well, not actually in the game. That could be risky. But close enough to feel all of the intense action. All you have to do is recommend the First Horizon Visa® HSA Debit Card to your customers enrolled in an HSA-qualified high deductible health plan. For every referral that results in your customers being issued a card, you’ll earn one entry for a chance to win a trip for two to the 2009 NFL Pro Bowl in Honolulu, Hawaii courtesy of Visa®!

We’ll make sure you have everything you need to enjoy your trip, including:

• Airfare
• Accommodations
• Event transportation
• Two game tickets
• And a $500 Visa® gift card to spend as you wish!

Don’t miss out on this once-in-a-lifetime opportunity. To participate, you must be a registered First Horizon Msaver broker. Registration is quick and easy - simply click here, or go to www.firsthorizonmsaver.com/visa, to get started.

How do Medical Spending and Health Savings Accounts Differ?

indystar.com,  October 5, 2008
Stated simply, medical spending accounts are employer- established plans that reimburse employees for health-related expenses as they occur. Health savings accounts are similar except that they are individually owned and accumulated funds can roll over to the future if not spent in that same calendar year. Let members of the Financial Planning Association of Greater Indiana explain the other differences between the plans. (Read More)

Innovate to Cut Health Costs.

latimes.com, October 6, 2008
We’ve been hearing a lot about universal healthcare. But before you give up on market competition, consider that government regulation of hospitals and medical professionals makes medical care much more expensive than it need be. (Read More)

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

Direct Deposit for your Quarterly Referral Fees.
You can now have your First Horizon Msaver quarterly referral fees directly deposited into your bank account. Simply fill out the Electronic Funds Transfer Form and send it to our office along with a voided check.First Horizon Msaver, Inc
7400 W 110 St, Ste 520
Overland Park, KS 66210

Please note that if you choose to have your referral fee direct deposited, you will continue to receive the account breakdowns each quarter for your records.

Picked up from the Health Plan Innovation Blog.

The 2008 Employer Health Benefits Survey released yesterday by the Kaiser Family Foundation and the Health Research & Educational Trust (HRET) found that the share in consumer-directed plans – high-deductible plans that include a tax-preferred savings option such as a Health Savings Account (HSA) or Health Reimbursement Arrangement (HRA) – has increased to 8 percent today from 5 percent last year and 4 percent in 2006.

The study found that an estimated 5.5 million covered workers are enrolled in these plans, including about 3.2 million in plans that would allow the worker to establish an HSA and 2.2 million in plans with an HRA established by the employer.

The study learned that the growth in consumer-directed plans occurred mostly among workers at small firms (three to 199 workers), where 13 percent are now in this type of plan, compared with 8 percent in 2007. In firms with at least 200 employees, 5 percent of workers are enrolled in such plans – statistically unchanged from last year.

According to the study premiums for consumer-directed plans are generally lower than for other types of plans, though in addition to the premiums, employers may also contribute money to the savings accounts. On average, firms pay a total of $8,291 annually toward the cost of family coverage for an HSA-qualified plan, including a $1,522 contribution to the account. In comparison, firms on average contribute $9,495 toward the cost of family coverage in non-consumer-directed plans.

Health Plan Innovation Take: Employers continue to adopt consumer-directed health plans to cut costs and they are being rewarded with lower costs - more than four in 10 of employers surveyed say that in their opinion the most successful result of adopting CHDPs has been lower costs. So it is good for employers, it is also good for employees. UnitedHealthcare analyzed more than 200,000 of its 1.4 million members enrolled in an HSA-eligible health plan during the full year 2006 - the latest period for which full year data were available - and found that customers with Health Savings Accounts (HSA) are depositing money into the accounts and accumulating balances, regardless of their income level, age or employer size