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CDHP, HDHP Companies
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FLEX BENEFIT SERVICE OFFERS 2 NEW HSAs
Flexible Benefit Service Corp. (Rosemont, IL), an HSA administrator, announced the introduction of two new HSA options through Millennium Trust, which provides HSA trustee services.
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TAX DEDUCTIONS, CREDITS FOR HDHPs, HSAs CALLED FOR
A House bill calls for tax deductions for individuals of premiums for high-deductible health plans, tax credits for small businesses that contribute to HSAs, and tax credits for uninsured individuals.
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FL STATE TO CONTRIBUTE TO EMPLOYEE HSAs
The state of Florida, which will begin offering high-deductible health plans to employees in fiscal 2006, will contribute $500 in dollar-for-dollar matching funds annually to individual HSAs and $1000 for families. The HSA provisions were a part of the fiscal 2006 budget passed by the state legislature this month; the budget is awaiting the signature of Florida Governor Bush.
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HEALTHEQUITY NAMES CHAPMAN CIO
HealthEquity (Tucson, AZ), an HSA administrator, has named Mike Chapman chief information officer. He was most recently with eBusiness Software Consulting.
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FBMC TO USE MELLON AS HSA TRUSTEE
Fringe Benefit Management Co. (Tallahassee, FL), a benefits administrator serving nearly 2 million public sector employees, will use Mellon Financial Corp. for preferred HSA trustee services, including HSA debit cards.
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EVOLUTION BENEFITS NAMES BLANK EVP, SALES
Evolution Benefits (Avon, CT) has named Kevin Blank executive vice president of sales, marketing and account management. Blank was most recently president of BenefitPoint (San Francisco) and also served stints at Internet HealthCare Group, Women’s Health USA and Value Health.
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ADP OFFERS HSA PLANS; TAPS JPMORGAN AS TRUSTEE
As expected (HMN, February), ADP TotalSource (Miami, FL), the professional employer organization division of ADP, has announced that it is offering HSA-compatible health plans effective June 1, 2005 using JPMorgan Chase as preferred HSA trustee.
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M&A: 6 DEALS TOP $1.1 BILLION
Since November 2003, when the consumer-directed merger and acquisitions market first started to take off—before reaching a crescendo in recent months—a total of $1.191 billion has been spent in six major purchases, according to an HMN tally.
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