Editor’s Picks March 30, 2009
Health Savings Accounts Thrive in Downturn.
investmentnews.com, March 25, 2009
Study shows individual HSA balances increased 33%, and family HSA balances increased about 12% between the first quarter and fourth quarters of 2008. (Read More)
Fidelity Updates Retiree Health Forecast.
lifeandhealthinsurancenews.com, March 26
A 65-year-old couple retiring in 2008 may need about $240,000 to cover medical costs in retirement. Consultants at Fidelity Investments, Boston, have published that estimate in Fidelity’s latest post-retirement health cost forecast. (Read More)
Retention Edges Cost Reduction as Benefits Objective.
workforce.com, March 24, 2009
The cratering economy has caused 46 percent of employees interviewed to take a greater interest in understanding their benefits. In addition, 51 percent report that they obtain most of their financial products through their employer. (Read More)
Half the Employers Offer Consumer Directed Health Care Plan.
john-goodman-blog.com, March 24, 2009
Just more than half (51 percent) of companies now offer workers a CDHP, up from 47 percent in 2008. Another 8 percent are expected to adopt a CDHP by 2010. (Read More)
Insurers Offer to Soften a Key Rate-Setting Policy.
newyorktimes.com, March 24
The health insurance industry said Tuesday that it was willing to end the practice of charging higher premiums to sick people if Congress adopted a comprehensive plan requiring all Americans to carry insurance. (Read More)