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HSA Market Report

CDHP, HDHP Companies

METAVANTE BEEFS UP HSA PORTAL WITH SUPPORT TOOLS
Metavante Corp. (Milwaukee), a division of Marshall & Ilsley, said it has streamlined the online enrollment features of its HSA technology platform and added enhanced decision-support tools for members, including financial calculators, access to both deposit and investment balances with a single debit card, and enhanced recordkeeping for regulatory reporting. Metavante said it reengineered its HSA technology offering after conducting research on features most important to consumers.

CONVENIENT CARE ASSN. NAMES GOLINKIN PRESIDENT
The Convenient Care Assn. (Philadelphia) has named as its president Web Golinkin, president and CEO of RediClinic (Houston, TX). Golinkin replaces Hal Rosenbluth, chairman of Take Care Health Systems, who served as the association’s first president.

PRINCIPAL PICKS UP TAB ON HSA, HRA FEES
Principal Financial Group (Des Moines, IA) said it will waive HSA set-up fees and HRA monthly maintenance fees for a year for clients who sign up for the company’s high-deductible health plans between Nov. 1 and Jan. 31, 2008.

CDHP COSTS 4% BELOW TRADITIONAL PLANS, STUDY SAYS
Medical costs in HSA and HRA plans are running 4.4% below cost of care in more traditional health plans without deductibles, according to research from HealthPartners (Bloomington, MN).


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