Editor’s Picks February 23, 2009
Health Care Cost Increases Remain Steady.
businessinsurance.com, February 19, 2009
Large U.S. employers expect to pay 6% more for health benefits in 2009, the same rate of increase as 2007 and 2008, according to preliminary findings of a survey by Watson Wyatt Worldwide and the National Business Group on Health. The cost increases were partially tempered by the growing use of consumer-driven health plans, which are now offered by 51% of employers, up from 47% in 2008, according to the survey. (Read More)
Using an HSA Through the Stages of Your Life.
azbiz.com, February 20, 2009
Health Savings Accounts (HSAs) are gaining popularity in the United States - in part because health care costs are rising, but also because consumers want to take charge and make the most of their health care dollars. HSAs can make a significant difference to your budget bottom line - at all stages of adult life. (Read More)
How Health Savings Accounts Work.
rocklintoday.com, February 18, 2009
“An HSA is smart savings plan that you use for unanticipated medical expenses,” says Kurt Stammberger, vice president of marketing for Vimo, a company that provides comparison shopping information on health insurance plans, products and doctors. “Usually, money that save in the plan comes out of your paycheck before payroll taxes are computed, so you maximize your savings rate. Furthermore, any income that the HAS plan itself generates (such as from interest or investment appreciation) is also tax free, so it grows fast. Some employers even contribute extra matching cash to the plan to encourage you to save.” (Read More)
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