LAKE GENEVA, Wis. — It is summertime and once again HSA Clearing Corp., a health savings account turnkey program provider, wants to show credit unions that now is the time to start offering HSAs.
The firm is kicking off its third annual credit union summer HSA Webinar series in June.
"A large percentage of group health insurance programs are renewed each year during the fall open enrollment season. If credit unions have their HSA programs ready to go by the fall, they will have an excellent opportunity to capture new HSA deposits from both existing and potential members. It is essential they be ready to activate their program in a short time," said Tim Morales, president of HSA Clearing Corp. The Webinars will cover topics ranging from how easy it is for credit unions to offer HSAs to their members and why it is important to offer investment options to what is the credit union return on investment? Attendees will also hear credit union HSA success stories.
Recommended For You
HSA Clearing Senior Vice President Roy Ramthun will explain to credit unions how health savings accounts work and exactly what responsibilities the credit union will have for an HSA program. Prior to joining HSA Clearing Corp, Ramthun was the senior health policy adviser to President Bush regarding health care issues involving the Internal Revenue Code, primarily HSAs. Before joining the President's staff, Ramthun served as the senior adviser to the Secretary of the U.S. Treasury for health initiatives. In this role, he led Treasury's implementation of HSAs after they were enacted into law in December 2003.
The free, one-hour Webinar was offered on Thursday, June 5th and will be again on Tuesday, June 24th at 11:00 am CST or 3:00 pm CST. Dates for the July and August Webinars are pending.
A recent study by America's Health Insurance Plans of U.S. health insurance carriers shows that the number of people covered by health savings account/high-deductible health plans totaled 6.1 million in January 2008.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
