The HSA / HRA / FSA Administration & Finance community showcases the latest news and innovative trends employers use and the best technology platforms available for administering and financing personal-care accounts (FSA/HSA/HRA). The community features articles, press releases, white papers, case studies, blogs, videos and podcasts.
With health savings account assets growing rapidly to almost $23 billion among 12 million accounts, HSAs have been increasingly in the spotlight lately. With their new-found fame, many have wondered how to classify HSAs: are they a spending account or a savings account?
Now that some of the bigger issues related to health care reform have simmered down, attention is turning to provisions of the ACA that go into effect in 2018. Specifically, Wells Fargo clients have begun asking about the impact to their health savings account programs of an excise tax on
The Affordable Care Act (ACA) created many changes and opportunities within the health care system, including payment processing. Payments come from many different entities, including employers, individuals, health plans and the government, and the types of payments are varied, as well, covering premium payments, subsidies, wellness dollars, patient responsibility amounts,
Webster Finanacial Corpration, the holding company of HSA Bank, one of the nation's largest and oldest health savings account administrators, announced earlier today that it had signed an agreement to acquire the HSA business of JPMorgan Chase Bank, including 700,000 accounts and an estimated $1.3 billion in deposits.
FSAstore.com Finds More Than $20 Billion in Tax-Free Savings Are Left Untapped By Consumers by Not Enrolling in Tax-Advantaged Health Care Accounts
New "Own Your Health" brand promise demystifies health savings account concept
Prominent industry leader will bring additional leadership, unique market perspectives and strategic insights to help guide the company’s solution and market strategies
In a white paper released by Change Healthcare, 91 percent of employees with families and 65 percent of employees overall would have spent less under a CDHP than a PPO. Families averaged $140 per month in savings.
In 2008, PriceWaterhouseCoopers' research team surveyed senior executives at more than 100 large US-based multinational companies and more than 250 privately held small companies. The large companies each have an average of 8,000 employees and revenue of about $3 billion. The small employers each have
Recent changes in financial accounting reporting obligations have caused many employers, both public and private, to re-examine the overall economics of pre-funding retiree medical benefits.