Editor’s Picks March 17, 2008
IRS Publication 969 Updated for 2007 Tax Filing.
The IRS has released an updated version of Publication 969 (Health Savings Accounts and Other Tax-Favored Health Plans) for use in reparing 2007 tax returns. This publication summarizes information
about HSAs, HRAs, health FSAs, Archer MSAs, and Medicare Advantage MSAs, including brief descriptions of benefits, eligibility equirements, contribution limits, and distribution issues. It has been updated to reflect the 2007 dollar limits for HSAs and to incorporate the many changes that the Tax Relief and Health Care Act of 2006 TRHCA) made to the HSA rules, effective for 2007 (Download)
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HSAs A Significant Improvement Over Usual Health Coverage.
insurancenewsnet.com, March 12, 2008
Health Savings Accounts allow employees the freedom to choose how and when their HSA money is spent - improving their access to care - while still providing coverage for truly catastrophic and costly events. (Read More)
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Health Insurance For Self-Employed.
cnnmoney.com, March 17, 2008
If you take a high deductible on your health insurance policy, you’ll pay lower premiums and get a smaller tax deduction. But there may be tax breaks anyway. (Read More)
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Study Finds Widening Gap in Health Cost Hikes.
businessinsurance.com - March 13, 2008
Best-performing employers are 21% more likely to use financial incentives to drive plan member behavior than their poor-performing counterparts.Best-performing employers also had higher enrollment in consumer-driven health plans than their poor-performing peers. (Read More)