Tag Archives: HSAs

Data shows uptick in HSA, HRA account balances

By Bruce Shutan May 1, 2011 A sluggish economy hasn’t slowed the nation’s health care consumerism movement, according to a recent analysis by the Employee Benefit Research Institute. Health savings accounts and health reimbursement arrangements covered about 21 million working … Continue reading

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IRS issues PPACA rules on OTC drugs

The Internal Revenue Service has issued guidance on the purchases of over-the-counter medicines and drugs with flexible spending arrangements and health savings accounts under the new health care law.
The Patient Protection and Affordable Care Act, enacted in March, established a new uniform standard that, effective Jan. 1, 2011, applies to FSAs and health reimbursement arrangements.
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PPACA checklist for open enrollment

Like Santa, I imagine you’ll be making a list and checking it twice (20 times?) to make sure you have all your talking points in order so you can communicate effectively to employees how the Patient Protection and Affordable Care Act will affect their benefits enrollment options.
(You might even envy Santa, in that he only has to check his list for young children, not adults up to age 26!)
At any rate, to help you ensure you communicate anything and everything, Mercer’s developed a list of what you’ll want to do and say before enrollment season kicks off this fall — and surely before many PPACA provisions take effect for plan years beginning on or after Sept. 23 (for most plans, Jan. 1, 2011). Take notes, pros. Here’s what to do if you have:
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HSAs: Growing in all directions

Having recently surpassed the $1 billion mark in HSA assets, OptumHealth’s Todd Berkley shares how the consumer-directed accounts are fairing as the economy struggles to recover.
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