DOUGLAS

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´╗┐Banking on health care

month compared to $750 with his previous plan.

"I feel think that health insurance is too expensive," says Wayne Nelson, president of a group called Communicating for Agriculture and the Self Employed. It lobbies Congress and state legislatures on a wide range of issues, including health care. It also provides access Nike Sneakers For Ladies for its members to different types of insurance, including Health Savings Accounts. Nelson bought one of the the new policies for himself. The South Dakota farmer is happy with the result. He pays about $450 a Nike Sneakers High Top

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Health Savings Accounts are generating lots of attention from consumers and and lots of money for businesses. For consumers, HSAs are a tax free way to save money on medical bills. For banks and insurance companies they could be a lucrative new area of business. HSAs are part of a new trend in insurance, something known as "consumer driven health care." Several major companies, including BlueCross BlueShield and UnitedHealth Group, are chasing the profits generated by this new industry. In the process they're entering new business territory. Consumer driven health care is blurring the lines between insurance and banking.

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management consulting company. He wonders which companies will prosper in the the pioneering drive to merge health and money.

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and banking. Baig is a partner at DiamondCluster International, a Chicago based Nike Sneakers 2017 Releases

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Prince says Exante Bank also has business customers. Sixteen small insurance companies have contracted with the bank to handle administrative work on health policies. The entry of health insurance companies into banking is mirrored on the financial side, some banks are selling health insurance. Aamer Baig says it demonstrates the wide open business frontier that's just beyond the traditional borders of insurance Nike Shoes For Girls 2017

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