2 Background: A d v i s o r y from E B R I The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA) allows individuals enrolled in high-deductible health plans meeting certain requirements to open and fund health savings accounts (HSAs). In 2 3 2016, enrollment in these HSA-eligible h th ealth plans was estimated to be between 20.2 and 23.6 million 1100 13 St. NW ? Suite 878 ? Washington, DC 20005 policyholders and their dependents. (202) 659-0670 ? www.ebri.org ? Fax: (202) 775-6312 4 One-quarter of smaller employers and 61 percent of larger employers offered an HSA-eligible health plan in 2016. For Immediate Release: July 6, 2017 Growth in HSA-eligible health plans is expected to continue as employers adopt these plans as both a choice and on Contact: Stephen Blakely, EBRI, 202/775-6341, blakely@ebri.org a stand-alone basis. In the absence of policy changes, employers’ adoption of HSA-eligible health plans may be 5 plateauing. David Smith, EBRI, 202/572-7422, smith@ebri.org Furthermore, public policy changes may also drive future growth. Both The American Health Care Act, passed by Reminder: the U.S. House of Representatives in April 2017, and the Better Care Reconciliation Act unveiled in the U.S. Senate in June 2017 would raise the limit on HSA contributions, lower the excise tax on distributions for non-qualified EBRI to Hold July 12 Policy Forum expenses, create a grace period for opening an HSA, and make it easier for spouses to make catch-up contributions. on HSA-Eligible Health Plan Enrollment The Employee Benefit Research Institute is a private, nonpartisan, nonprofit research institute based in Washington, DC, that focuses on health, savings, retirement, and economic security issues. EBRI conducts objective research and The nonpartisan Employee Benefit Research Institute (EBRI) will hold a half-day policy forum Wednesday, July 12, education to inform plan design and public policy, does not lobby and does not take policy positions. The work of in Washington, DC, on latest developments with HSA-eligible plan enrollment. EBRI is made possible by funding from its members and sponsors, which include a broad range of public, private, for-profit and nonprofit organizations. For more information go to www.ebri.org or www.asec.org This forum will examine new EBRI research on enrollment in HSA-eligible health plans and HSAs, the impact of fina ncial incentives to increase enrollment in HSA-eligible health plans, and trends in HSA balances, contributions and distributions (using data from the EBRI HSA Database). Notes The policy forum will include f our panels . The first panel will provide an overview of HSA-eligible health plans and 1 HSAs. The second will discuss ways to grow HSA-eligible health plan enrollment by enhancing the account. The See http://vbidcenter.org/wp-content/uploads/2014/07/HDHP-white-paper_final.pdf for background material. third will discuss ways to grow HSA-eligible health plan enrollment by enhancing the HSA-eligible health plan. 2 Employers with various perspectives on HSA-eligible health plans will make up the fourth panel. See https://www.ahip.org/wp-content/uploads/2017/02/2016_HSASurvey_Draft_2.14.17.pdf 3 There is no cost for attending this event, which will be held 9:30 am–12:30 pm on Wednesday, July 12, at the 20 F See https://www.ebri.org/pdf/briefspdf/EBRI_IB_433_CEHCS.25May17.pdf Street Conference Center, 20 F Street, NW, Washington DC. A light lunch will be available immediately afterwards. 4 Attendees can register online here. Live streaming and replay info is available online here. For more information, See Figure 6 in https://www.mercer.com/newsroom/national-survey-of-employer-sponsored-health-plans- con 2016. tact htm Dav l id Smith at smith@ebri.org, 202/572-7422. The current agenda: 5 Welcom See https:/ e and Intr /www.pwc.c oductio om n /us/en/health-industries/health-research-institute/behind-the-numbers/reports/hri-behind- the-nu ? mber Harry C s-2018. ona pdf wa y, EBRI Panel 1 – Recent Research on HSA-Eligible Health Plans and HSAs ? Paul Fronstin, EBRI ? Barbara Gniewek, PWC Panel 2 – Expanding HSA-Eligible Health Plan Enrollment by Enhancing HSAs ? Roy Ramthun, HSA Consulting Services ? Jon Kessler, Health Equity ? Jessica Duhamel, Fidelity Panel 3 – Expanding HSA Enrollment by Enhancing HSA-Eligible Health Plans 1 ? Mark Fendrick, Univ. of Michigan ? David Kasper, Cigna ? Adam Beck, AHIP 1193 Panel 4 – Employer Panel EBRI on Twitter: @EBRI or http://twitter.com/EBRI EBRI RSS: http://feeds.feedburner.com/EBRI-RSS ? Mike Callender, FedEx ? Bob Foley, Mutual of Omaha