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May 2008
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HSA Market News, May 2008; Volume 5, Number 5
Wellness, DM savings inconclusive, Milliman says...Max ’09 contributions raised...BCBS-MN has 280k CDHP lives...Cigna has 580k CDHP lives...BCBS-FL has 150k HSA lives...Horizon has 32,000 CDHP lives...Winn-Dixie makes shopping with HSA, FSA cards easier...HSA knowledge gap revealed...and more...
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WELLNESS, DM SAVINGS INCONCLUSIVE, MILLIMAN SAYS
“The adoption of population health-management approaches, particularly wellness and health promotion programs, has become mainstream, yet medical cost savings outcomes have been inconclusive,” according to the 2008 Milliman Medical Index from Milliman Inc. (Seattle, WA).
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BCBS-MN HAS 280,000 HSA, HRA LIVES
Blue Cross Blue Shield of Minnesota (Eagan, MN), which began offering consumer-directed health plans in 2003, serves 280,000 members through its Options Blue HRA and HSA plans.
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CIGNA HAS 580,000 HSA, HRA LIVES
Cigna Corp. (Philadelphia) has 580,000 consumer-directed healthcare enrollees, including 100,000 in HSA and 480,000 in HRA plans.
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EMPLOYEES DON’T FULLY UNDERSTAND HSAs
“Employees don’t fully understand some of the basic healthcare alphabet,” such as FSAs, HSAs and HRAs, according to a telephone survey of 473 individuals by Guardian Life Insurance Co. of America (New York).
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BCBS-FL HAS 150,000 HSA LIVES
Blue Cross Blue Shield of Florida (Jacksonville, FL) has a total of about 150,000 members in HSA plans, according to Bob Nay, director of financial services and convergence.
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HORIZON BCBS-NJ HAS 32,400 HSA, HRA PLAN MEMBERS
Horizon Blue Cross Blue Shield of New Jersey (Newark, NJ), which introduced consumer-directed health plans in 2006, has about 32,400 HRA and HSA plan members, according to Susan Duffy, product development consultant.
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