Michigan Health Savings Account

Year: 2012

Resolution Number: 29

Action Taken: Referred to the Board

Status:

Author(s): Phillip G. Wise, MD

Sponsor: Domenic R. Federico, MD

On behalf of: Kent County Delegation

Committee: A (Medical Care Delivery)

Resolved Section(s):
RESOLVED: That MSMS work with Blue Cross Blue Shield of Michigan and other interested insurance carriers to develop a competitive Health Savings Account product to be made available for the general public; and be it further RESOLVED: That MSMS educate the influential members of the Michigan Legislature and Administration to offer a competitive Health Savings Account product to all government employees who qualify.RATIONALE: The Committee discussed that the Health Savings Accounts sponsored by BCBSM and other insurers are already penetrating the market in Michigan. Additionally, legislation passed by the state of Michigan, Public Act 152 of 2011, recognizes that public employers may be offering health savings accounts to their employees.The Committee also believed there are other issues such as the amount of deductible, availability of actuarial data, and impact on the population as a whole required more study. Therefore, the Committee believed the MSMS Board should examine the resolution further.

Fiscal Note: NULL

Resolution: View PDF for Michigan Health Savings Account