HSA-Linked Credit: Putting Dough In The HSA Doughnut Hole

Table of Contents

• TABLE OF FIGURES
• Introduction

I. Defining The Problem And The Opportunity

• Early, Fuzzy Statistics
• Potential Gaps, Potential Credit Opportunities

II. Credit To The Rescue

• First, The Dark Side
• The Early Debate About HDHP Credit Users
• Alternative Approaches To Delivering Credit
• Individual Line of Credit
  • Example #1: American Express HealthPay Plus
  • Example #2: JP Morgan Chase
  • Example #3: Bank of America/ MedImpact
  • Example #4: Canopy Financial HealthDirect Platform/ CardLink
• Payroll Deduction
  • Example #5: Canopy Financial HealthScore
  • Example #6: MedDirect Health Bridge Line
  • Example #7: E-Duction HSA Credit Solutions

III. Credit Outlook

TABLE OF FIGURES

• Figure 1: Estimated 2006 HDHP Participant Breakdown
• Figure 2: Early Patterns Suggest Individual HDHP Purchasers Are Less Likely To Open An HSA Than Employees
• Figure 3: Both Low Income and Lack of Employer Contribution Lead To Low HSA Opening
• Figure 4: Projected HDHP Participants Without A Funded HSA
• Figure 5: Even With Maximum Allowed Contributions, Plan Participants May Still Have A Year1 Deficit
• Figure 6: More Than One Type Of Gap To Fill
• Figure 7: Multiple Paths To A Health Funding Gap (Family Coverage Example)
• Figure 8: Medical Debt Rises Among All Insured Adults With Higher Plan Deductibles
• Figure 9: Medical Debt Has Been Linked To Bankruptcy
• Figure 10: Two Sides of the HSA Credit Opportunity
• Figure 11: HDHP-Linked Credit Potential (Projected Outstandings $000)