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CDHP, HDHP Companies
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GOLDEN RULE TAPS NORVAX FOR ONLINE APPLICATIONS
Golden Rule Insurance Co., a unit of UnitedHealth Group (Minnetonka, MN), has tapped Norvax Inc. (Chicago) for web-based tools that automate the process of obtaining insurance quotes and submitting applications for brokers and customers.
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CONSUMERS SATISFIED WITH HSA PLANS, STUDY SAYS
Consumers are giving HSA-compatible high-deductible health plans good marks, with 68% satisfied with the performance of insurers, 71% satisfied with access to preventive care and wellness services, and 68% satisfied with the health benefits information provided by insurers, according to a survey from the Blue Cross Blue Shield Assn. (Washington).
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HEALTHEQUITY RAISES $6.6 MILLION
HealthEquity (Salt Lake City), an HSA administrator, said it had raised $6.6 million in its second round of financing from private investors. Stephen Neeleman, M.D., chief executive, founded the company in 2003.
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GUARDIAN LAUNCHES NEW HSA PLANS
Guardian Life Insurance Co. of America (New York), which has largely competed in the HRA and HSA market through an arrangement with Destiny Health, has announced the launch of a new line of group and individual HSA-compatible high-deductible health plans.
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CDHP PREMIUMS RISE 3.4% IN 2005, STUDY SHOWS
Average premiums for consumer-driven health plans rose 3.4% in 2005, compared to a 9.6% increase for health plans overall (after benefit buydowns), according to a study from United Benefit Advisors (Indianapolis).
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EMPLOYERS FUND HSAs AT $553, STUDY SAYS
Employees enrolled in HSA-compatible high-deductible health plans on average will receive an annual employer contribution to their HSA of $553 single and $1185 family in 2005, according to a study from the Kaiser Family Foundation.
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’06 FEHBP HSA, HRA PREMIUM RATES RISE 1%
Average premium rates for HRA and HSA-compatible high deductible health plans will rise 1.1% in 2006 for plans offered by the Federal Employees Health Benefits Program, according to an HMN analysis.
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