HSA Studies & Analysis PSCA Finds More Employers Using Automatic Enrollment for HSAs More employers are using automatic enrollment into HSAs as part of an effort to position the accounts more as savings vehicles than spending vehicles, according to a new survey. Automatic enrollment “dramatically increases” the savings rate. Employers are still struggling, however, with […]
HSA Compliance Corner Questions About Medicare and HSAs Keep Surfacing – Part A Collisions Too few Americans approaching age 65 know the ins and outs of Medicare enrollment. As the number of working seniors (those who remain employed after their 65th birthday) increases and Health Savings Accounts become more widespread, the conflicts between the […]
News from Washington Biden Administration Extends COVID-19 Public Health Emergency DeclarationThe Biden administration on Thursday extended the nation’s COVID-19 public health emergency for the next 90 days as officials brace for a potential surge of infections over the winter. The public health emergency was first declared in January 2020, and has been renewed every 90 […]
News from Washington Bills Would Cover More Services Below the Deductible on HSA-qualified Plans Members of Congress have left Washington, DC, through the November 8 mid-term elections. They’ll reconvene sometime later this year for a lame-duck session during which proposals to strengthen HSAs or correct technical issues may be considered. A number of bills […]
News from Washington Government Shutdown Averted as Biden Signs Funding Bill The House of Representatives voted on Friday to approve a stopgap bill to fund the government through December 16, averting a shutdown just hours ahead of a midnight deadline when funding was set to expire. President Joe Biden signed the bill Friday afternoon. […]
News from Washington Voters Split on Which Party They Want to Take Congress in Midterms With control of Congress hanging in the balance, Republicans and Democrats are neck-and-neck in the weeks before November’s midterm elections, according to a poll released September 25. Asked if the election for the House were held today, 47% of […]
News from Washington Biden: “The Pandemic Is Over” President Biden declared the COVID-19 pandemic “over” in an interview with CBS’ “60 Minutes” airing Sunday evening. “We still have a problem with COVID. We’re still doing a lot of work on it … but the pandemic is over,” Biden said. Last month, the Biden administration […]
News from Washington Many Preventive Medical Services Cost Patients Nothing. Will a Texas Court Decision Change That? A federal judge’s ruling in Texas has thrown into question whether millions of insured Americans will continue to receive some preventive medical services, such as cancer screenings and drugs that protect people from HIV infection, without making […]
News from Washington Control of the Senate Is Now a Coin Flip: These Are the 7 Midterm Election Races to Watch Political analysts originally projected November to be close to a blowout victory for Republicans across the board in the face of low approval ratings for President Joe Biden and high inflation. But a […]
News from Washington Red Wave Hits Breaker: GOP Midterm Worries RiseRepublican worries of a midterm flop are growing heading into the critical post-Labor Day campaign season, with analysts who had previously predicted massive GOP gains shifting their forecasts toward Democrats. RealClearPolitics averages of polls measuring whether voters would prefer Republican or Democratic control of Congress show the […]