June 5, 2006


  • The average family that we are telling Congress we are helping can't afford $1,000 deductible health care. I don't see any value in HSAs, and this article seems to put too much emphasis on its importance. Frankly, it will have little or no effect on credit union growth in the future.
  • HSA accounts will continue to grow as awareness grows. Employers, employees, financial instituions and yes, even insurance companies win. New legislation adopted just last week makes HSAs even more attractive. Some restrictions have been lifted, paving the way for easier record keeping and reduce complexity of administration. HSA accounts encourage saving because funds can be withdrawn only for qualifeid medical expenses.