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    2011 Health Savings Account Changes

    by Admin | Nov 15, 2010 | Health Savings Accounts , Healthcare Reform , Insurance News

    Due to the enactment of the National Health Law (PPACA – Patient Protections and Affordable Care Act) beginning January 1, 2011 the following changes will affect Health Savings Accounts: The Excise Tax on ineligible HSA reimbursements increases from 10% to 20%....

    Blue Cross and Blue Shield of Illinois New HSA Plan Options vailable for Group 2-150 available July 1, 2009

    by Admin | Jun 16, 2009 | Blue Cross Blue Shield of Illinois , Health Savings Accounts , Insurance News

    New BlueEdgeSM HSA plan options for 2-150 groups are being introduced July 1, 2009. These additional plan designs offer $3,500 aggregate and embedded deductible options with either 100%/80% or 80%/60% coinsurance options, or a $5,000 aggregate or embedded deductible...

    IRS Issues 2010 Health Savings Accounts Limits

    by Admin | May 27, 2009 | Health Savings Accounts , Insurance News

    The Internal Revenue Service (IRS) on May 14 issued Revenue Procedure 2009-29 providing inflation-adjusted limits for health savings accounts (HSAs) for use in 2010. The annual contribution limits have been increased to: $3,050 for those with self-only coverage (up...

    Consumer Driven Health Plans gaining wide appeal

    by Admin | Feb 23, 2009 | Health Savings Accounts , Insurance News

    Health care consumerism continues to grow through both consumer-directed health plans and tools that provide all health care consumers with more information about their health care choices and costs. Here are some examples of their growth: The number of employers with...

    Blue Cross Blue Shield of IL Expanding BlueEdge HSA Deductible Options

    by Admin | Dec 22, 2008 | Blue Cross Blue Shield , Blue Cross Blue Shield of Illinois , Health Savings Accounts , Insurance News

    To capitalize on heightened consumer interest in higher deductible plans, Blue Cross and Blue Shield of Illinois is introducing a new deductible option to the BlueEdge Individual HSA (health savings account) plan. Along with the current deductible offerings of $1150,...
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