Blog
HSA Critics Aim at the Wrong Target
August 9th, 2018“It’s important to see an HSA for what it is, a financial account with tax benefits, and not what it isn’t, medical coverage with high financial barriers to care. Once we establish these principles, we can have a debate about the merit of HSAs. On the other hand, who’s going to take the position.. Read more
The Moral Case for HSA Expansion
July 25th, 2018“Current law discriminates against working seniors who are enrolled in HSA-qualified plans based on their income and the size of their employers. This discrimination simply isn’t fair, especially when there is a fairly simple solution. As more Americans understand this issue, members of Congress will have an increasingly difficult time defending this ongoing discrimination.” William.. Read more
Are You Part of the 12%?
July 11th, 2018“Too often, companies introduce their HSA program during open-enrollment meetings. Usually, by the time presenters review the benefits of the medical options, there’s little time to discuss the medical account. Ideally, you start your HSA education program four to six months before the start of the new medical plan year. The goal is to teach.. Read more
Texas v. Azar: The Next ACA Battleground
“It turns out that this shift to save the law may have reduced the threshold to amend it from the 60 votes normally required in the Senate for regular legislation to 51 through the reconciliation process, depending on what several courts say during the next year or two.” William G. (Bill) Stuart Director of Strategy.. Read more
Expanding HSAs
“Giving more Americans with high medical, dental, and vision expenses more opportunities to pay less for these services should be a priority that every American, and member of Congress, can support.” William G. (Bill) Stuart Director of Strategy and Compliance June 7, 2018 The Health Savings Account industry, represented by the American Bankers Association HSA.. Read more
Your HSA Compliance Questions Answered
May 23rd, 2018“This strategy is particularly popular in the small-group market, where deductibles are high and employee claims experience isn’t factored into premiums. Groups that are healthier (either fewer total claims or high claims among only a handful of employees) can benefit from this approach.” William G. (Bill) Stuart Director of Strategy and Compliance May 24, 2018.. Read more
The Advantages of an HSA
May 10th, 2018“These are the benefits of HSAs of which we must never lose sight… HSAs provide huge advantages to families of more moderate means, particularly as vehicles to build ‘rainy day’ medical savings and as a means to reduce the financial impact medical bills pose to family budgets.” William G. (Bill) Stuart Director of Strategy and.. Read more
An HSA Watershed Moment?
April 26th, 2018“I asked a prospective retirement advisor whether I should contribute the next $5,000 of retirement savings into my company’s traditional 401(k), a Roth 401(k) or my HSA. He proceeded to tell me . . . “ William G. (Bill) Stuart Director of Strategy and Compliance April 26, 2018 Sometimes we know when we’re right in the.. Read more
A Sexagenarian Checklist
April 12th, 2018“Medicare penalties aren’t like aggregated assault convictions. You can incur Medicare penalties and live outside prison. You don’t have to report to a probation officer, wear an anklet or leave the house only for your job as a retail-store greeter. And you don’t lose your right to vote. You don’t even have to register as.. Read more
The AV Solution
March 28th, 2018“As a result of this law, no one with fully-insured HSA-qualified coverage in Maryland, (even women!) would be able to contribute to HSAs in 2018 because their plan covers vasectomy in full.” William G. (Bill) Stuart Director of Strategy and Compliance March 29, 2018 A new idea floating in Washington DC could have a dramatic.. Read more