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CDHP, HDHP Companies
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WAL-MART HOPES FOR HSA ENROLLMENT GAINS
Wal-Mart (Bentonville, AR), which began offering a self-insured HSA-compatible high-deductible health plan in January, is hoping the see gains in enrollment in 2007, according to a spokesman.
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EMPLOYEES ASK FOR AN HSA; FORD MOTOR DELIVERS
Ford Motor Co. (Dearborn, MI) reported that 20% of the active salaried employees enrolled in the company’s traditional PPO plan in Michigan opted for an HSA-compatible high-deductible option that the company added in June 2006, according to a spokeswoman.
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DIAMOND SEES $75 BILLION IN HSA ASSETS BY 2010
Diamond Management & Technology Consultants Inc. (Chicago, IL) said it projects that HSAs will account for more than 10% of insured lives and hold more than $75 billion in assets by 2010. Diamond said the HSA plan lives will grow from about 3 million currently to between 10 million and 20 million by 2010.
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STATE OF AR LOWERS DEDUCTIBLE TO BOOST HSA PLAN
The State of Arkansas has seen modest enrollment in its HSA-compatible high-deductible health plan since rolling it out in 2005, according to a spokeswoman; however, she said the state hopes to attract more members in 2007 by reducing deductibles.
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DESTINY LOSS WIDENS
South African-based Discovery reported that the business model and strategy of its Destiny Health consumer-directed healthcare operation “is not sustainable and must change.”
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