Benefit Strategies | HSA General Information

No Reform? Now What?

September 14th, 2017

There was a lot more (and more successful) construction outside the Senate wing of the Capitol than there was inside this summer. “This approach can attract and retain talent, especially as Millennials become a majority of the work force. These workers have come of age in a connected world, shop online, seek customized products (their.. Read more

Prescription for HSA Success

August 31st, 2017

” . . . Employers who set realistic and appropriate expectations, approach an HSA program strategically and make subtle adjustments in key variables as they receive employee feedback (through actual enrollment decisions or survey results) experience the best outcomes.” By William G. (Bill) Stuart Director of Strategy and Compliance August 31, 2017 Employee satisfaction with.. Read more

The FSA/HSA Misalignment Conundrum

July 7th, 2017

“An employee enrolled in both the HSA-qualified medical plan and traditional Health FSA is not HSA-eligible. She can enroll in the medical plan, but she can’t open an HSA or make any HSA contributions before the end of the Health FSA plan year at the earliest. (If she has an already existing HSA with funds in it,.. Read more

A Capitol Experience

June 22nd, 2017

“Today, the demographics of Health FSA and HSA owners are nearly identical – including family income. No longer is one account blue collar and one white collar.” William G. (Bill) Stuart Director of Strategy and Compliance June 22, 2017 I recently spent another day on Capitol Hill – my fifth trip this year to meet.. Read more

HRA or HSA?

June 8th, 2017

“These companies need to calculate the cost of not attracting potentially valuable candidates or losing employees who add the greatest value to the company. Those costs typically are measured in tens of thousands of dollars. The HRA vs. HSA decision should be made in this larger context.” William G. (Bill) Stuart Director of Strategy and.. Read more

Introducing the Medical Discount Card

May 25th, 2017

“The tax savings associated with HSAs can make a meaningful impact on the lives or ordinary Americans. And those impacts simply aren’t reflected in surveys that document average account balances or annual growth in balances.” William G. (Bill) Stuart Director of Strategy and Compliance May 25, 2017 I recently received one of those coupons that.. Read more

What Hath Congress Wrought?

May 11th, 2017

“The ACA is collapsing. Congress must do something. ‘Repeal and replace’ the ACA isn’t a political option. The question is whether the Republicans can tinker at the edges of the ACA (as they’ve done with the AHCA) or a bipartisan coalition plays the role of grown-ups and crafts temporary or permanent reform so that markets.. Read more

Hatching a Better HSA

April 13th, 2017

During the past three years, we’ve seen a dramatic change, as a growing number of plans impose coinsurance after the deductible. This change increases members’ potential financial responsibility to as much as $6,550 for self-only coverage and $13,100 for family coverage – figures far above the $3,400 (self-only) and $6,750 (family) HSA contribution limits. William.. Read more

The Insurance Market Landscape Now

March 30th, 2017

Medicaid is on an unsustainable course, but Republicans were unwilling to accept the changes proposed under the AHCA. By William G. (Bill) Stuart Director of Strategy and Compliance March 30, 2017 The equivalent of a major shift in seismic plates occurred last Thursday and Friday in the nation’s capital as the Republican medical insurance and.. Read more

My Experiences on the Hill

March 2nd, 2017

An employer isn’t going to continue a program that saves an employee between 22% and 38% in taxes if the employer has to pay a 40% excise tax on that money. For a family with a $2,600 Health FSA contribution, that means a tax increase of $600 to $900 annually. By William G. (Bill) Stuart.. Read more

Category: HSA General Information