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Our website is designed to educate consumers and employers about Health Savings Accounts and Consumer Driven Health Plans. A great place to start learning about HSAs is at our HSA Learning Center. It contains everything you need to know about Health Savings Account health plans.

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Did You Know......


Great Lakes HSA has been advising companies from the first day HSAs were available. Few companies can make that claim.

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HSA News & Headlines

11/25/2007- Employees not seeing many HSA bargains - Another great example of how not to offer a HSA plan to employees _But when employers offer an HSA to their workers along with other insurance options, studies have shown that employees tend to favor more traditional coverage. Some economists believe part of the problem is that employers aren't pricing their HSA's appropriately.

10/3/2007 - Wising Up on Health Care
Wall Street Journal - They're getting it from their employers, who are introducing copays, health savings accounts and other consumer-activation measures with an explanation that ...

10/3/2007 - Some Deere salaried retirees see health benefit changes - Some 750 Waterloo-area John Deere salaried retirees and their dependents will see some changes in their health care coverage Jan. 1.

9/19/2007 - The Return of HillaryCare - Thirteen years after “HillaryCare,” her failed one-woman crusade for universal healthcare coverage, became a byword for political overreach, Sen. Hillary Clinton is in the health care business once again.

9/17/2007 - What happens to a company when a HSA plan is adopted? Five years ago, the grocery chain Whole Foods Market switched to a different kind of health insurance, a policy that puts patients more in control:

9/17/07 - Where Do the Candidates Stand?
The Council for Affordable Health Insurance has published a comprehensive guide to the 2008 Presidential candidates' stands on health care reform. The document is being updated frequently, as candidates change their position like the weather

9/14/2007 - Fine-Tuning Consumer-Driven Health Plans. With a few years of experience under their belts, employers and health plans are adjusting their consumer-driven health plan offerings in an attempt to make them more attractive to plan sponsors and employees.

9/5/2007 - Health insurers lure young adults
Health insurers are wooing the population least likely to be insured -- young adults in their 20s and 30s -- with individual policies tailored to their pocketbooks and health concerns.

9/5/07 OH - Sycamore Board of Education approves contract, adopts HSA The Sycamore Board of Education approved a three-year collective bargaining agreement with OAPSE (Ohio Association of Public School Employees) Local 243 during a special meeting Aug. 29.

8/29/2007 Indiana to start HSA plan for uninsured
The Healthy Indiana Plan will provide health insurance for uninsured Hoosiers who earn less than 200 percent of the federal poverty level -- about $20,400 for an individual and $41,300 for a family of four -- and who are without access to employer-sponsored health insurance. State officials have said that as many as 130,000 Hoosier could be eligible.

8/28/07 Rhode Island Teacher Union Suggests HSA Health Plan but criticized by District - Mullen, the union president, said teachers are eager to get negotiations behind them and settle into the new school year. The School Committee president, had criticized the teachers’ most recent offer as too expensive. She said it failed to support claims of significant savings in an alternate health-insurance plan with a high deductible and health savings account.

8/27/07 - Communication and Information Tools Critical to Health Savings Account Success According to a new study conducted jointly by Watson Wyatt Worldwide, most employers that offer Health Savings Account plans say communicating with workers about these plans is their greatest challenge.

8/21/07 California - Arnold's Health Flop
His plan was never that conservative or market-based. Like former Governor Mitt Romney's plan in Massachusetts, it turns on an individual mandate. That is, it requires all residents to buy insurance or get it from the state or their employers -- or otherwise face penalties such as garnished wages.

8/21/07 - COSTLY 'AFFORDABLE' HEALTH CARE Wisconsin's decision to implement a universal health care system may allow it to become an example of what not to do for the rest of the country. But the perils of socialized health care can already be seen in Europe, where certain medical treatments or drugs are no longer available to Europeans above a certain age

8/20/07 - Michigan School districts report saving money in insurance pool School districts that banded together to form a regional health insurance pool in southwest Michigan say they are saving an average of 7 percent on insurance costs, and the number of districts in the pool has jumped from nine to 29.

State employees to see lower health care premiums in ’08 - The Oklahoma State and Education Employees Group Insurance Board had welcome news for state employees on Friday: Health care premiums will decrease for the second-straight year beginning in January.

8/17/07 - Is Your Insurance Consultant a Expert in HSA Style Plans? Unions, Municipalities and School Districts should read this!

8/14/07 - Publix to offer 7 popular prescription antibiotics for free
Publix supermarket chain said today it will make seven common prescription antibiotics available for free, joining other major retailers in trying to lure customers to their stores with cheap medications.

8/1/2007 - Health Insurance open enrollment for self-employed in Florida
Self-employed Floridians are being reminded that August is open enrollment month for single-group employers to get health insurance or switch plans on a guaranteed-issue basis, meaning insurers and Health Maintenance Organizations (HMOs) must offer coverage without regard to health status.
The open enrollment period begins today and continues through August 31, 2007

6/6/07 - County insurance program is defended
The guest commentary authored by Neil Rainford which appeared in the June 3 edition of the Herald Times Reporter contained so many inaccuracies that a response is merited.

5/4/07 - Ohio representatives Larry Flowers (R-Canal Winchester) and Dan Stewart (D-Columbus) CLUELESS on HSAs and employee benefits Flowers joined with Rep. Michelle Schneider in asserting that while a savings account is one thing, a high-deductible insurance policy is something else altogether. "This (H.B. 116) requires those (public pension) systems to offer (high-deductible) insurance policies. I'm troubled by that," Flowers said. "I've talked to the folks at Wendy's International. They have HSAs and they love them. But high-deductible insurance is different than an HSA." This would actually be funny, if Rep Flowers was joking....sadly for thousands of state employees, he isn't.

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HSA EDUCATION

For Individuals or Employers

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Major Changes for HSAs began January 1st, 2007 Click Here for our Special section on these changes

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About Great Lakes HSA

In December 2003, Great Lakes HSA became one of the first full service HSA providers in the country and the only insurance broker that offered Consumer-Driven benefit plans and H

Today, we are nationally known as one of the leading experts in Consumer-Driven Health Plans, HSA administration and Section 223 regulations. When you work with Great Lakes HSA, you are working with "The HSA Experts"

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