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DRAMATIC GROWTH OF HEALTH SAVINGS ACCOUNTS (HSAs)
Health Savings Account

THEN (2004)…

  • 438,000 : Individuals were covered in November 2004 by HSA-type insurance plans : according to the America Health Insurance Providers (AHIP).
  • 113,000 (roughly 240,000 individuals) : IRS data on individual tax returns reporting HSA deductions in tax year 2004.

NOW…
  • 3.2 million : Seven fold increase to individuals covered by HSA type insurance plans (November 2004 to December 2005) : according to AHIP.
  • 31% -- Previously uninsured individuals buying health insurance on their own.
  • 33% : Small businesses not previously offering coverage.
  • Nearly 50% : Age 40 or over.
  • $1 billion : Dollars invested in HSAs by Americans, according to data gathered by Inside Consumer-Directed Care (ICDC) newsletter Feb. 24 issue : based on financial data provided by more than 60 financial firms including JPMorgan Chase, Wells Fargo and The Principal Financial Group.
  • 42% : Number of Individuals or families with incomes below $50,000 buying HSA type insurance on their own, according to “Health Savings Accounts: The First Six Months of 2005” report by eHealthInsurance.

THE FUTURE…
  • 14 million by 2010 :Treasury Department projection of HSA policies (covering 25 to 30 million people): based on current law.
  • 21 million by 2010 : Treasury Department HSA policies estimates rise by 50 percent (covering 40 to 45 million people) : based on the President’s health care initiative.

Matts Health Insurance Services

HSA Health Insurance in the News


HSA health insurance - Google News
Updated : Tue, 16 Mar 2010 15:22:44 GMT+00:00

Six Ways Democrats Could Have Dealt with Stupak Ahead of Time - Firedoglake (blog)

Six Ways Democrats Could Have Dealt with Stupak Ahead of Time
Firedoglake (blog)
As a result, he has not yet claimed that the tax deduction status of employer-provided health insurance is the same as the government giving people tax ...

and more »

Publ.Date : Sat, 06 Mar 2010 01:57:08 GMT+00:00

Hoosiers and Health Savings Accounts - Wall Street Journal

Hoosiers and Health Savings Accounts
Wall Street Journal
When I was elected governor of Indiana five years ago, I asked that a consumer-directed health insurance option, or Health Savings Account (HSA), ...
EDITORIAL: Hoosier health care [Grand Forks Herald, ND]Insurance News Net (press release)

all 9 news articles »

Publ.Date : Mon, 01 Mar 2010 13:54:36 GMT+00:00

Health Reform and Your Health Care Costs: eHealthInsurance Outlines Ten Ways ... - CNNMoney.com (press release)

Health Reform and Your Health Care Costs: eHealthInsurance Outlines Ten Ways ...
CNNMoney.com (press release)
An HSA is a tax-advantaged savings account used in conjunction with an HSA-eligible health insurance plan. HSA-eligible plans are major medical health ...

and more »

Publ.Date : Tue, 16 Mar 2010 12:06:04 GMT+00:00

Ten Points About: Employee Benefits - Business West

Ten Points About: Employee Benefits
Business West
Health-insurance plan. Shared costs for a health insurance plan between employer and employee. The employee portion can be paid for with pre-tax wages. 2. ...


Publ.Date : Tue, 16 Mar 2010 10:00:35 GMT+00:00

The state-based single payer strategy - Washington Post (blog)

The state-based single payer strategy
Washington Post (blog)
Even when it proved cheaper, the HSA/catastrophic guys would defend their system to the bitter end. If you haven't noticed, the health care debate has had ...

and more »

Publ.Date : Wed, 10 Mar 2010 20:40:30 GMT+00:00

ObamaCare: 'Where's the bill?' 'Ah-ha!' - Atlanta Journal Constitution (blog)

Globe and Mail

ObamaCare: 'Where's the bill?' 'Ah-ha!'
Atlanta Journal Constitution (blog)
This man did not have health insurance. Anyway she had finished her shift and was walking out to the parking lot and what did she see? ...
Why insurers don't control costsWashington Post (blog)
Ryan: 'This Bill Is More About Ideology Than Health Care Policy'Big Government (blog)
Morning Bell: Obamacare at Any CostHeritage.org (blog)

all 4,832 news articles »

Publ.Date : Fri, 12 Mar 2010 15:47:01 GMT+00:00

The Health Care Plan You are Going to Get - Town Hall

The Health Care Plan You are Going to Get
Town Hall
Dr. Cassidy knew that a Kaiser Family Foundation study showed that because the HSA program provides an affordable health insurance alternative, ...


Publ.Date : Mon, 15 Mar 2010 04:01:20 GMT+00:00

Your letters: March 16, 2010 - Ventura County Star

Your letters: March 16, 2010
Ventura County Star
In America, where our founding ideal is freedom, the concept of mandating individuals to purchase health insurance should be unimaginable and not worthy of ...


Publ.Date : Tue, 16 Mar 2010 01:13:36 GMT+00:00

HSAs work for the healthy, childless - DesMoinesRegister.com

HSAs work for the healthy, childless
DesMoinesRegister.com
As one who has sold health insurance for 30 years, I can assure you the free market Quiner so dearly loves has already spoken regarding HSAs. ...
CBJ: Avoid Budget Busters Part 3 (-Opinion)Charlottesville Daily Progress

all 3 news articles »

Publ.Date : Tue, 16 Mar 2010 09:12:09 GMT+00:00

Guest Column: Strong Florida leadership emerges in health care debate - St. Augustine Record

CBS News

Guest Column: Strong Florida leadership emerges in health care debate
St. Augustine Record
There is no doubt that some "overly ruthless" decisions have been made by health insurance companies but I think those instances are not quite as ubiquitous ...
'I don't see CDHPs moving the needle on overall health care costs'Nashville Post (subscription)

all 140 news articles »

Publ.Date : Sun, 14 Mar 2010 05:23:59 GMT+00:00

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Matthew Lockard
Independent Health Insurance Agent
6633 Telephone Road Suite 200 Ventura CA 93003
California License #0B51503
Texas License #1271775