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CDHP, HDHP Companies
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BUSH AID SAYS 2ND TERM IS ABOUT EXPANDING HSAs
Doug Badger, special assistant to President Bush, said that the Administration is using its first term to educate people about health savings accounts, adding that “the second term is about expanding HSAs.”
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’05 HSA MAX CONTRIBUTION TO BE $5250, MERCER SAYS
The maximum allowable HSA contribution for individuals will rise to about $2650 in 2005, up 1.9% from $2600 in 2004, according to newly released projections from Mercer Human Resources Consulting (Washington).
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GOLDEN RULE MEMBERS HAVE $110+ MM IN HSAs
Golden Rule Insurance Co. (Indianapolis), a UnitedHealth Group company, announced that its members have accumulated more than $110 million in health savings accounts, adding that the number of HSA applications is up 133% since January. Golden Rule was one of the nation’s top providers of MSAs.
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CDHPs TO BE 7.8% OF PREMIUMS
A survey by Milliman (Seattle) reveals that managed care organizations expect 7.8% of large group commercial premiums to come from consumer-directed health plans in 2005, up from 3.2% in 2004.
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