by Admin | May 11, 2011 | Insurance News, Surveys
A new report released today by the U.S. Department of Health and Human Services (HHS) shows that few families without health insurance have the financial assets to pay potential hospital bills. On average, uninsured families can only afford to pay in full for... by Admin | Apr 28, 2011 | Insurance News, Surveys
Enrollment in Consumer-Directed Health Plans (CDHPs) grew by 22 percent in 2010, up from 23 million in 2009 to 28 million last year according to an analysis of the Mercer National Survey of Employer Sponsored Health Plans commissioned by the American Association of... by Admin | Apr 15, 2011 | Blue Cross Blue Shield of Illinois, Insurance News
As previously announced in the Feb. 9, 2011 issue of News from the Blues, Public Act 96-1513, the Illinois Religious Freedom Protection and Civil Union Act, was signed into law on Jan. 31, 2011. Effective June 1, 2011, the law’s intent is to provide procedures for the... by Admin | Apr 7, 2011 | Health Savings Accounts, Insurance News
If you were covered by a high deductible health insurance plan in 2010, you have until April 18, 2011, to make a tax-deductible contribution to an HSA. This account gives you a triple tax benefit: you deduct the contributions (whether or not you itemize other... by Admin | Dec 29, 2010 | Flexible Spending Accounts, Health Savings Accounts, Insurance News
The Internal Revenue Service issued new guidance allowing the continued use of flexible spending arrangement and health reimbursement arrangement debit cards for the purchase of prescribed over-the-counter medicines and drugs. A few weeks ago, the IRS announced tough... by Admin | Nov 15, 2010 | Health Savings Accounts, Healthcare Reform, Insurance News
Due to the enactment of the National Health Law (PPACA – Patient Protections and Affordable Care Act) beginning January 1, 2011 the following changes will affect Health Savings Accounts: The Excise Tax on ineligible HSA reimbursements increases from 10% to 20%....