House Passes ABA-Backed HSA Legislation
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.
Browsing: Health savings accounts
ABA Supports HSA Provisions in House Bills
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.
ABA’s McKechnie Calls on Congress to Expand 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.
Podcast: Opportunities for Banks in the Health Savings Account Market
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.
HSA Council, Maryland Bankers Win Key Fix in Maryland Legislature
Maryland Gov. Larry Hogan yesterday signed emergency legislation that would fix a state law inadvertently preventing hundreds of thousands of Marylanders with high-deductible health plans from contributing to their health savings accounts.
FDIC Proposes Amendments to Rules Governing Fiduciary Powers of State Savings Associations
The FDIC has proposed to rescind the former Office of Thrift Supervision’s rule on fiduciary powers of state savings associations and amend current FDIC regulations regarding consent to exercise trust powers to reflect their applicability to both state savings associations and state nonmember banks.
HSA Council Applauds Bipartisan Chronic Care Bill
In a letter to lawmakers today, ABA’s Health Savings Account Council applauded a bipartisan measure that would allow HSA plans the option to cover high-value health care services and medications associated with chronic disease management without a deductible.
ABA Applauds Proposal to Expand Availability of HSAs
The ABA Health Savings Account Council today applauded proposed changes by Department of Health and Human Services to further incorporate health savings accounts and high-deductible health plans into the health insurance plans available from health care exchanges in 2019.
HSA Council Supports Cassidy-Graham HSA Proposal
ABA’s Health Savings Account Council recently wrote to Sens. Lindsey Graham (R-S.C.) and Bill Cassidy (R-La.) in support of the HSA-related provisions of their proposal to reform the Affordable Care Act.
Senate Health Care Bill Includes HSA Expansion
The Senate Budget Committee today released a discussion draft of the Senate health care reform bill.