Blog
Do HSAs Help Low-Income Americans?
“HSAs help owners across the income spectrum pay their bills. . . . For even the poorest Americans, receiving a discount of 25% or so on a medical bill is better than receiving no discount. It’s no panacea, but it eases the financial strain.” William G. (Bill) Stuart Director of Strategy and Compliance February.. Read more
The Latest Challenge to the ACA
“Judge O’Connor . . . ruled the ACA unconstitutional because a tax that raises revenue is no tax, the text of the ACA doesn’t include a severability clause, and even proponents of the law have long argued that the mandate, guaranteed issue, and community rating together are integral to the successful operation of insurance markets.”.. Read more
Welcome the 116th Congress
“Probably the best solution for the country would be . . . bipartisan legislation that loosens the federal grip on benefit design, increases choices, covers more Americans, gives states meaningful incentives to manage their Medicaid populations, and attacks the true drivers of medical costs.” William G. (Bill) Stuart Director of Strategy and Compliance Jan. 10,.. Read more
Take It to the Limit with an HSA and Limited Health FSA
“If you want to pay this year’s expenses this year and enjoy immediate tax benefits, a HSA/Limited-Purpose Health FSA combination allows you to pay your bills and gain a tax advantage this year, rather than carry financial obligations or delay tax benefits into the future.” William G. (Bill) Stuart Director of Strategy and Compliance December.. Read more
A Few Pesky HSA Compliance Issues
“[T]his young adult woman can open her own HSA. She doesn’t have to be the medical-plan subscriber. In fact, it’s not unusual for more than one person on a contract to be HSA-eligible.” William G. (Bill) Stuart Director of Strategy and Compliance Dec. 13, 2018 One of the advantages of spending time in the field.. Read more
Reform Prospects in the 116th Congress
“[W]e’ll see a lot of activity at the federal and state level as politicians and special interest groups formulate their political plans for 2020 and beyond.” William G. (Bill) Stuart Director of Strategy and Compliance Nov. 29, 2018 Although the 116th Congress won’t be seated until early January, it’s not too early to speculate about.. Read more
A Last-Minute Open Enrollment Guide
“It’s easy to conduct this analysis. Sadly, it’s easy not to, which is why most people don’t. But you should. Your costs – and perhaps your care – are at stake.” William G. (Bill) Stuart Director of Strategy and Compliance Nov. 15, 2018 I hope that this advice doesn’t come too late to affect your.. Read more
Your Compliance Questions Answered
“The only factor that matters when determining whether an HSA-eligible person is entitled to a family or self-only contribution is the size of the contract. Period.” William G. (Bill) Stuart Director of Strategy and Compliance November 1, 2018 An important part of my job is to answer your questions about Consumer-Driven Health (CDH) generally.. Read more
One Family’s Approach to Financing Care
“We received a $500 prompt-pay discount and saved approximately $600 on the $1,900 net bill. So, between prompt-pay discount (drawing on Health FSA funds that hadn’t yet been deducted from my paycheck) and the tax savings, our net cost was about $1,300. In contrast, the person in the next chair probably wasn’t covered by a.. Read more
A Better HSA Option for Seniors
“If the program ends up depriving the federal treasury of tax revenue, it’s only because older couples are allowed to keep a little more of their resources to pay for . . . retirement medical expenses. . . With concerns about the financial pressures on so many senior citizens who live on fixed incomes,.. Read more
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