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HSA Market Report

CDHP, HDHP Companies

21% OF MANUFACTURERS WOULD CONSIDER CDHPs
A survey from the National Assn. of Manufacturers (Washington) found that if healthcare costs continued to rise at the current pace, nearly 21% of manufacturing companies surveyed would switch to an HSA or HRA health plan.

ON-SITE CLINICS POISED FOR CONTINUED GROWTH
On-site healthcare clinics—i.e., clinics located on corporate campuses, workplaces, factories, etc. to be accessed by company employees—remains a rapidly growing market poised for continued expansion, according to a new report from Corporate Research, publisher is this newsletter.

FROST & SULLIVAN SAYS CDHPs MUST FOCUS ON MEMBERS
In a consumer-driven world, health plans must begin to treat members as valued customers and address the stigma of being known for building relationships with employers rather than the members themselves, according to consulting firm Frost & Sullivan (Palo Alto, CA).

HSA CLEARING LANDS COMMUNITY BANK
Community Bank of the South (Smyrna, GA) will use applications from HSA Clearing Corp. (Lake Geneva, WI) to enable customers to enroll in health savings accounts.

’07 CDHP LIVES UP 25% TO 12.5 MILLION
A new study from Mercer Inc. (Washington) shows that enrollment in consumer-directed health plans grew 25% to 12.5 million in 2007 from about 10 million in 2006.

STUDIES CONFLICT ON HSA GAINS
Two recently released studies appear to offer different viewpoints on the growth of HSAs. A survey of 500 employers by Hewitt Associated (Lincolnshire, IL) found that just 20% offer an HSA or HRA health plan option and less than 6% plan to adopt one in 2008

HOUSE BILL SEEKS SUBSTANTIATION OF HSA WITHDRAWALS
Banks would be required to substantiate whether payments and withdrawals made from HSAs are for healthcare expenses as part of a tax bill set for markup in the House Ways and Means Committee.


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