Like it or not, medical banking is here and growing where other features of banking are simply stagnant.
Browsing: Health savings accounts
Along with nearly 600 stakeholder organizations, the ABA HSA Council signed onto a letter urging the House to support a bipartisan bill to repeal the so-called “Cadillac tax” — a 40 percent tax on employer-provided health care coverage.
The National Council of Insurance Legislators recently met in Oklahoma City and approved a unanimous bipartisan resolution supportive of policies that preserve health savings account access.
Congress should expand consumers’ abilities to benefit from health savings accounts, according to a report issued today by the Departments of Health and Human Services, Labor and the Treasury.
Illinois Gov. Bruce Rauner last month signed a bill that would fix a state law inadvertently preventing hundreds of thousands of Illinoisans with high-deductible health plans from contributing to their health savings accounts.
From airplanes to healthcare equipment, how community banks complement the core model with niche lending sidelines.
The House last night approved ABA-backed legislation that would expand and strengthen health savings accounts as part of the ongoing effort to improve the American healthcare system.
As the House Ways and Means Committee today began a markup of several bills that included provisions related to health savings accounts, ABA wrote to committee leaders thanking them for their efforts to expand the flexibility of HSAs.
In testimony before the Joint Economic Committee today, ABA HSA Council Executive Director Kevin McKechnie called on Congress to expand and strengthen health savings accounts as part of the ongoing effort to improve the American healthcare system.
Over the past 15 years since they were created, health savings accounts have grown to 22 million accounts totaling $45.2 billion in assets — and assets are expected to surpass $60 billion by 2019. This fast-growing market represents a strong business opportunity for banks, according to two experts speaking on the latest episode of the ABA Banking Journal Podcast that is sponsored by WEX Health.