Editor’s Picks April 14, 2008
HSA Proposal Lacks Basic Common Sense.
businessinsurance
Industry experts peg the cost at about $3 per month per HSA account. With roughly 5 million HSAs now established, the cost-paid by employers and employees through higher charges that banks would impose-of this new requirement would come out to roughly $180 million a year. That would be six times more than the government would collect each year in new revenue.That doesn’t make sense to us and it shouldn’t to any member of Congress who takes the time to examine it. We hope this proposal dies a quick death. (Read More)
Health Care Costs Hard for Small Businesses to Absorb.
newyorkdailynews.com - April 14, 2008
Health savings accounts can offer a company a way to control costs and also get employees to take more responsibility for their own health. The use of a high-deductible plan along with a health savings account can actually be less costly to an employee than a traditional managed care plan. (Read More)
4.5 Million Enrolled in HSAs.
A new census released by America’s Health Insurance Plans (AHIP) discovered that 4.5 million Americans - a 43 percent increase from last year - are covered by lower-premium, high-deductible health insurance plans offered in conjunction with health savings accounts (HSAs). (Read More)