Pic

Print this issue

 

Contents

 

Past Issues

 

signup

 

 

Winter 2006 / No. 66

HSAs and the lessons of the Sooners

Quiz time! What new health program…

  • Did pundits predict would fail in the marketplace, but now, on its second anniversary, has roughly two million people enrolled?
  • Will have between 15 and 25 million enrolled by 2010?
  • Will contain up to $75 billion in assets by that date?
  • Will produce management fees of an additional $1.2 billion?

The land rush has begun for HSAs. Banks are swooping in to capture fees and assets, insurers are setting up banks, and the pioneering plan administrators are being gobbled up by both. The key is to get established early, grab accounts wherever possible, and wait for the money to roll in.

As the Sooners discovered during the Oklahoma land rush, the early movers get all the best property. The rest watch and wonder.

Contact our office for more information on HSAs and how these programs might fit in your product strategy.