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HSA Market Report

Managed Healthcare Market Report Breaking News

CDHP TOOLS KEY TO RETAINING ACCOUNTS, PWC SAYS (June 30, 2008)
A study from consulting firm Price WaterhouseCoopers (New York) said the effectiveness of consumer-driven tools and wellness programs is closely linked to the ability of health plans to attract and retain large group corporate accounts.

HCSC, HSA BANK OFFER INTEGRATED MEMBER SUPPORT (June 30, 2008)
Health Care Service Corp. (Chicago) will offer its high-deductible health plan members who choose HSA Banks as trustee a single website to view health plan claims and HSA transactions and a single point of contact for member support.

HCSC TO ACQUIRE MEDECISION FOR $121 MILLION (June 30, 2008)
Health Care Service Corp. (Chicago) announced an agreement to acquire utilization and case management software provider Medecision Inc.

BCBS-NC HAS 92,000 CDHP LIVES (June 30, 2008)
Blue Cross Blue Shield of North Carolina (Durham, NC) covered 92,009 CDHP lives (62,745 HSA, 29,264 HRA) as of March 2008.

TOP MCOs HAVE 8.508 MILLION HSA, HRA LIVES (June 17, 2008)
Twenty leading managed care organizations increased enrollment in HSA and HRA plans 36.4% to 8.508 million as of March 31, 2008, according to an HMN tally.

AMA UNVEILS INSURER CLAIMS PROCESSING REPORT CARD (June 17, 2008)
The American Medical Assn. (Chicago) has unveiled a report card that ranks health plans on claims processing in an effort to “hold health insurance companies accountable for making claims processing more cost-effective and transparent.”

DRUGSTORE.COM OFFERS DISCOUNTS TO UMB HSA HOLDERS (June 17, 2008)
Drugstore.com (Bellevue, WA) is offering special one-time discount offers on purchases of HSA-eligible over-the-counter, vision and pharmacy products to holders of health savings accounts from UMB Financial Corp.

LEADING BANKS HAVE $2.9 BILLION IN HSA ASSETS (June 11, 2008)
Twenty-one leading banks had more than 2 million health savings accounts with an estimated $2.922 billion in total deposits as of March 31, 2008, according to a tally by HMN.

HCSC HAS NEARLY 662,000 CDHP LIVES (June 11, 2008)
Health Care Service Corp. (Chicago) has 661,832 members in consumer directed health plans, including 346,809 in HSA plans and 199,773 in HRAs.

BCBS-MN HAS 280,000 HSA, HRA LIVES (June 6, 2008)
Blue Cross Blue Shield of Minnesota (Eagan, MN), which began offering consumer-directed health plans in 2003, serves 280,000 members through its Options Blue HRA and HSA plans.

CIGNA HAS 580,000 HSA, HRA LIVES (June 6, 2008)
Cigna Corp. (Philadelphia) has 580,000 consumer-directed healthcare enrollees, including 100,000 in HSA and 480,000 in HRA plans.

BCBS-FL HAS 150,000 HSA LIVES (May 30, 2008)
Blue Cross Blue Shield of Florida (Jacksonville, FL) has a total of about 150,000 members in HSA plans, according to Bob Nay, director of financial services and convergence.

HORIZON BCBS-NJ HAS 32,400 HSA, HRA PLAN MEMBERS (May 30, 2008)
Horizon Blue Cross Blue Shield of New Jersey (Newark, NJ), which introduced consumer-directed health plans in 2006, has about 32,400 HRA and HSA plan members, according to Susan Duffy, product development consultant.

WINN-DIXIE OPENS ALL CHECKOUT LANES TO HSA/FSA CARDS (May 23, 2008)
Shoppers using HSA or FSA cards can now make qualified purchases of health and wellness items at any checkout counter in Winn-Dixie stores.

EMPLOYEES DON’T FULLY UNDERSTAND HSAs, SURVEY SAYS (May 23, 2008)
“Employees don’t fully understand some of the basic healthcare alphabet,” such as FSAs, HSAs and HRAs, according to a telephone survey of 473 individuals by Guardian Life Insurance Co. of America (New York).




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