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American Republic Insurance Company and HealthEquity To Offer Integrated HSAs.


DES MOINES, Iowa “Des Moines” redirects here. For other uses, see Des Moines (disambiguation).
Des Moines (pronounced /dɪˈmɔɪn/ in English,
 -- American Republic Insurance Company, a leader in the individual health insurance market based in Des Moines, Iowa, and HealthEquity(R), Inc., a leader in complete consumer driven health coverage solutions based in Salt Lake City, Utah For ships of the United States Navy of the same name, see .
Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C.
, are joining forces to offer an integrated Health Savings Account A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal income tax at the time of deposit.  (HSA HSA Health Savings Account (US)
HSA Human Serum Albumin
HSA Human Services Agency (Nevada)
HSA Health Services Agency
HSA Health and Safety Authority (Ireland) 
) based health plan to American Republic's customers.

"Adding HealthEquity's robust program as a compliment to our HSA qualified plans will create a complete package of services for our customers," states Elizabeth Powell, Senior Vice President, Individual Health Market at American Republic Insurance Company. "Together, we can deliver an opportunity for customers to better manage their health care dollars by providing the tools they need to make the right decisions about their health care."

"We are excited to work closely with American Republic Insurance Company who shares our vision of client choice and support," remarked Dennis Stover stover

stalks of maize plants from which mature corn cobs have been harvested as grain, or grain sorghum plants from which heads have also been removed. The stover is usually fed by turning the cattle into the field and is subject to fungal infection, sometimes causing mycotoxicosis.
, Senior Vice President over Corporate Development at HealthEquity. "The partnership between our companies will provide many individuals and small businesses with a robust and integrated consumer-driven program that provides a seamless experience to our clients."

An HSA is a tax-advantaged account that is paired with a high deductible health plan A High Deductible Health Plan (HDHP) is a health insurance plan with lower premiums and higher deductibles than a traditional health plan. It is sometimes referred to as a catastrophic health insurance plan.  (HDHP HDHP High Deductible Health Plan ) to provide individualized in·di·vid·u·al·ize  
tr.v. in·di·vid·u·al·ized, in·di·vid·u·al·iz·ing, in·di·vid·u·al·iz·es
1. To give individuality to.

2. To consider or treat individually; particularize.

3.
, cost effective health coverage. Contributions an individual makes to an HSA are tax deductible within limits, and earnings and distributions are tax free when used for qualified medical expenses.

Combining American Republic's HDHPs and HealthEquity's HSA product will provide an integrated solution for the convenience of our customer with no additional forms to complete. American Republic will cover the customer's HSA enrollment fee and monthly fees for the first 12 months. Customers selecting this plan will have coverage flexibility, freedom to choose their own doctors and hospitals and cost savings through the use of a preferred provider. HealthEquity maximizes customers' ability to control their health care expenses by providing industry-leading client advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 including 24-hour customer service, a 24-hour Nurse Hotline, online diagnostic programs, Rx re-pricing information and other cost-saving tools.

About American Republic Insurance Company

With more than 75 years in the insurance business, American Republic has built a tradition that has helped them become The Care Company(R). American Republic is licensed in 49 states and provides customers with an array of high quality individual health and life protection products and services that offer choice, independence and peace of mind.

For more information about American Republic Insurance Company, please visit www.americanrepublic.com.

About HealthEquity(R), Inc.

HealthEquity offers a complete solution for businesses and individuals that are seeking a consumer driven health plan. HealthEquity specializes in offering health care accounts, such as health savings accounts, supplemented with unparalleled health care financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 and client advisory tools. These tools give clients the support they need to navigate the health care system and make wise spending decisions. HealthEquity offers our consumer-driven solution as a stand alone product and as an integrated product through our business partners. HealthEquity manages consumer-driven plans for over 1000 employer groups nationwide.

For more information about HealthEquity, please visit www.HealthEquity.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 12, 2006
Words:507
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