Hsa Owner's Manual: What Every Accountholder, Employer, and Benefits Consultant Needs to Know about Health Savings Accounts---and How to Use Them Strategically - Couverture souple

Berkley, Todd

Couverture souple

ISBN 10 : 163367133X ISBN 13 : 9781633671331

Editeur : Tate Publishing, 2014

A propos du livre

Présentation de l'éditeur

This book is the owner’s manual that did not come with your HSA. Health Savings Accounts are becoming a more common part of average Americans’ lives. Paired with HSA-qualified health plans, they cover a growing number of Americans’ health care costs. And the trends indicate that they’ll become an even more important part of more people’s health care in the future. This book is designed to help you understand HSAs and HSA-qualified health plans. When you enroll in these plans, you often receive a mass of literature about the health plan, outlining what services are covered, your cost-sharing, exclusions, rules to follow, and how to appeal a claim denial, among other topics. You probably received some information about the HSA itself from your trustee. It most likely came in the form of a glossy twelve-page brochure with pictures of smiling families and caring doctors, plus some very basic information about how to set up your account, how much you could contribute, and a partial list of expenses eligible for tax-free distribution. That level of information is simply inadequate for you to manage your HSA. If you rely on that information alone, you’ll probably end up doing something inadvertently that runs afoul of HSA rules and regulations. Even if your HSA custodian is the rare one that provides adequate and easy-to-understand information in its printed materials and online to keep you in compliance, you’ll never learn how to maximize the benefit of your HSA. HSA trustees simply do not provide this information. So where do you turn for complete information on remaining compliant with HSA rules and regulations and maximizing the short-term and long-term tax advantages of your HSA? Right here, with this book. HSA Owner’s Manual is the most comprehensive guide to HSAs available anywhere. This book is the owner’s manual that did not come with your HSA. If you follow the advice in this book, you’ll keep your HSA in compliance with current HSA rules and regulations. You’ll also learn about sources of updated information as the IRS releases new rules and interpretations and as the Department of Health and Human Services issues health care reform regulations that impact HSAs. Your HSA trustee may offer similar information, but probably not in an easy-to-understand format and certainly not in a single volume. In addition, this book delivers information that no HSA trustee offers—strategies to help you maximize your financial opportunity as an HSA accountholder. You’ll learn how to integrate your HSA into your short-term tax savings and longterm asset building strategies. You’ll receive information that will help you determine when you should use your HSA as a reimbursement account and when you’ll benefit from utilizing it as a long-term financial asset. May your journey through the pages of this book reduce your confusion about your HSA and help you embrace it to unlock its hidden value for your long-term financial health.

Biographie de l'auteur

Todd Berkley is a leading practitioner in managing the business of health savings accounts (HSA) and is now a leading consultant focused on CDH growth strategies. His firm, HSA Consulting Services, LLC., is focused on HSA growth and also runs AskMrHSA.com, America’s #1 educational resource for health savings accounts. As HSA business leader for OptumHealth Bank (part of UnitedHealthcare) from 2005 to 2012, he was a driving force from shortly after start-up to making Optum a perennial industry leader in health accounts. While at Optum, Optum’s HSA business grew from 50,000 accounts to over 850,000 with balances exceeding $1.7 billion. Todd drove many industry innovations, such as publishing insights into consumer spending saving and investing activities, allowing consumers to trade off pricing elements to meet their individual needs, and guiding the development of a best-in-class web experience and education suite. Todd is a member of ABA HSA Council and has been an active member of AHIP HSA Leadership Council and ECFC Working Group and other industry advocacy activities. He was instrumental in helping the industry tell its story to key lawmakers, regulators, and administrators during the health reform debate, helping to preserve HSAs’ growing impact in health care. Todd’s career in consumer banking and investment product management and sales spans four decades and includes key roles at Magna Bank (now Regions), Norwest (now Wells Fargo), US Bank, and Sit Investment Associates, in addition to Optum. Todd received his undergraduate degree from McKendree College in Lebanon, Illinois. He earned his MBA at the Harvard Graduate School of Business and is a past president of the HBS Club of Minnesota. A native of Omaha, Nebraska, Mr. Berkley and his family live in Minnetonka, Minnesota. Todd’s family has been on an HSA plan since 2006 and owns more than twenty HSA accounts to keep a pulse on the latest developments at key HSA custodians.

Détails de l'édition

• Éditeur: Tate Publishing
• Date d'édition: 2014
• Langue: anglais
• ISBN 10: 163367133X
• ISBN 13: 9781633671331
• Reliure: Broché
• Nombre de pages: 280
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible