Employee Benefits Security Administration Issues Field Assistance Bulletin On Health Savings Accounts

U.S. NewswireApril 07, 2004

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WASHINGTON, April 7 /U.S. Newswire/ -- The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) today released a Field Assistance Bulletin (FAB) providing enforcement guidance to field investigators on Health Savings Accounts (HSAs).

"Today's guidance will facilitate the adoption of health savings accounts by employers. HSAs will lead to more choices and lower health care costs for American workers and their families, which is a priority for this Administration, " said U.S. Labor Secretary Elaine L. Chao.

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Employee Benefits Security Administration Issues Field Assistance Bulletin On Health Savings Accounts

HSAs, created by the Medicare Modernization Act signed by Presiden...

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