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HSA Market Report

Managed Care Companies

WELLPOINT COMPLETES PURCHASE OF LUMENOS
WellPoint Inc. (Indianapolis) has completed the acquisition of Lumenos (HMN, May) for $185 million in cash. Lumenos serves about 214,000 lives.

KAISER ROLLS OUT HSA PLANS IN OR, WA
Kaiser Permanente (Oakland, CA) is launching HSA-compatible high-deductible health plans for the group market, effective July 1, in Washington and Oregon, a spokesman told HMN.

PACIFICARE EXPANDS CDHPs INTO TEXAS
PacifiCare Health Systems (Cypress, CA) said that it has expanded availability of its Signature Freedom HRA plan to individuals in Texas (HMN, February).

MEDICAL MUTUAL-OH HAS 7000 TO 8000 HSA LIVES
Medical Mutual of Ohio (Cleveland) has about 7000 to 8000 group employees (not including dependents) enrolled in HSA-compatible high-deductible health plans, according to Aaron Graham, product manager.

BCBS-NC’S GREYCZN SAYS HSAs REQUIRE BIG INVESTMENT
Bob Greczyn, chief executive of Blue Cross Blue Shield of North Carolina (Chapel Hill, NC), said that HSA plans require “significant investment in technology to integrate health insurance and financial services capabilities.”

PACIFICARE TO BOOST UNITED’S HRA LINE
The decision by UnitedHealth Group (Minnetonka, MN) to acquire PacifiCare Health Systems (Cypress, CA) for $8.2 billion comes with a little bonus: nearly 100,000 HRA lives, which PacifiCare serves through its Signature Freedom product (HMN, February).

FEHBP HAS 3889 EMPLOYEES IN HSAs
The Federal Employees Health Benefits Program has 3889 employees enrolled in high-deductible health plans incorporating HSAs, according to figures from the Office of Personnel Management.


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