GAO STUDY SHOWS HSAs FAVORED BY HIGH-INCOME PEOPLE
The worst fears of critics of HSAs may be true, according a new study released by the U.S. General Accounting Office.

UNITED HSA LIVES TOP HRA MEMBER TOTAL FOR FIRST TIME
UnitedHealth Group (Minnetonka, MN) announced that it had 2.7 million members enrolled in HRA and HSA-compatible health plans d health plans as of March 31, 2008, and for the first time the number of HSA lives surpassed the HRA member total.

EVOLUTION SAYS IT OPPOSES HSA SUBSTANTIATION BILL
Evolution Benefits (Avon, CT) said it opposes legislation that would require banks to substantiate whether payments and withdrawals from HSAs are for qualified healthcare expenses (HSA Market News, March 2008).

GA LAW GIVES HSA PLANS TAX BREAKS
Georgia is providing under a new law various tax breaks and credits to consumers, health plans and employers to promote the sale and adoption of HSA-compatible high-deductible health plans.

HSA SUBSTANTIATION BILL FACES VETO
President Bush would likely veto legislation requiring banks to substantiate whether payments and withdrawals made from HSAs are for healthcare expenses.

HDHP MEMBERSHIP TOPS 6.1 MILLION, UP 35%
Enrollment in HSA-compatible high-deductible health plans was 6.118 million as of January 2008, up 35% compared to January 2007, according to America’s Health Insurance Plans (Washington).