McKinsey warns many employers will drop group health benefits by 2014
CHICAGO, June 7 (Reuters) – At least 30% of employers are likely to stop offering health insurance once provisions of the U.S. health care reform law kick in in 2014, according to a study by consultant McKinsey.
Read more … McKinsey warns many employers will drop group health benefits by 2014
HSA Contributions and Assets Continue Rapid Growth Curve
More Americans are using HSAs to save and pay for medical expenses, according to a new report from the J.P. Morgan Treasury Services. The report shows the average HSA balance is up 7 percent from 2009, at $1,494, and the average account contribution rose slightly in 2010 to $1,884, compared to $1,816 in 2009.
Read more … HSA Contributions and Assets Continue Rapid Growth Curve
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Legislative Alert
Late last week, Senator Orrin Hatch (R-UT), Ranking Member, Senate Finance Committee and Representative Erik Paulsen (R-3rd, MN) introduced the “Family and Retirement Health Investment Act of 2011.”