ABA’s Health Savings Accounts Council today applauded the inclusion of an HSA-qualified plan in the bronze tier of proposed “simple choice plans” that will be available through state health insurance exchanges in 2018. In a letter to the Centers for Medicare and Medicaid Services, the council recommended that HSA-qualified plans also be made available in the silver and gold tiers for 2018, and urged CMS to increase its efforts to help educate consumers on HSA-qualified plans, noting that these plans “are among the most affordable insurance plan choices for many Americans.” For more information, contact ABA’s Kevin McKechnie.
FinCEN issues statement on Bank Secrecy Act compliance, Venezuelan disaster aid
FinCEN will not take any supervisory or legal actions against U.S. financial institutions for providing authorized financial services in Venezuela to help the country recover from recent earthquakes, the agency announced.








