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CDHP, HDHP Companies
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BROKERS WANT HSA SET-UP STREAMLINED, SURVEY SAYS
Brokers want a streamlined set-up process for HSA-compatible high-deductible health plans, clear educational materials, broker support, tiered incentives, higher referral fees from HSA administrators, and better Internet technology, according to a survey by California Broker Magazine, published by McGee Publishers (Burbank, CA).
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8% OF EMPLOYERS OFFER HSAs, STUDY SAYS
About 8% of employers are offering HSA plans as a health coverage option, with another 18% planning to offer HSAs in 2006, according to a study from Washington-based benefit consultant Watson Wyatt and the National Business Group on Health.
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FUTURE FAVORS HSAs OVER HRAs, AON OFFICIAL SAYS
Whats the future growth potential of HSAs versus HRAs? According to a survey prepared by Aon Consulting (Chicago) and conducted by the International Society of Certified Employee Benefit Specialists (Brookfield, WI), 49% of employers planning to offer a consumer-driven health plan in the near future will choose an HSA plan.
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CHOICE ADMINISTRATORS PICKS MELLON AS HSA TRUSTEE
Choice Administrators (Orange, CA), a unit of benefit administrator Word & Brown, has chosen Mellon Financial Corp. to act as trustee for HSA plans administered by the company through its CaliforniaChoice program.
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FIRST HORIZON BUYS MSAVER
First Horizon National Corp. (Memphis, TN) has announced the acquisition HSA administrator MSAver Resources LLC as a springboard into the individual and small group health savings account business.
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