Editor’s Picks February 11, 2008
First Horizon Msaver President E. Craig Keohan to Speak at the CDHC Expo to be held March 3-5.
Powering the movement toward consumer-driven health care, the 2008 CDHC Expo will bring together employers, banks, account custodians, and providers to help shape the future of the industry. Msaver is a sponsor of the conference to be held March 3-5 in Las Vegas, and E. Craig Keohan, president of Msaver, will be speaking twice during the conference. (Learn More)
President Bush is Proposing Six Changes to HSAs.
President Bush is proposing six changes to make Health Savings Accounts more flexible and give individuals and employers more options in structuring coverage:
* Health plans with 50% coinsurance would qualify as a high-deductible health plan and would be HSA-eligible.
* People would have more time to set up their HSAs since funds could be used to pay for medical expenses incurred on or after the first day of HSA eligibility in a year, even if the account hasn’t actually been set up yet.
* Employers would be able to make larger HSA contributions for employees with chronic illnesses.
* Deductibles would be adjusted to make them more family-friendly.
* If both spouses are eligible as individuals for HSAs, they both could make catch-up contributions to one of their HSAs.
* Employees would be able to contribute to an HSA, even if they are covered by a Health Reimbursement Arrangement and Flexible Spending Account.
All of these proposals are responding to requests to make HSAs more attractive to employers and individuals. The administration’s Fiscal 2009 Budget outlines these proposals and rationale on pages 19-26. (Read More)
Switching Jobs? Play It Smart With Health Benefits.
TheStreet.com - Feb 2, 2008
If you have a health spending account — a flexible spending account, a health-savings account or a health-reimbursement account — with your current employer, it’s important to pay attention to the details of the plan before you change jobs. (Read More)
Website May Spark Change in Medical Economics.
StarTribune.com - Jan 27, 2008
Carol.com and the copycats it inspires could profoundly affect how Americans buy health care. (Read More)