Skip to page navigation
U.S. flag

An official website of the United States government

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

OPM.gov / News / News Archives / Releases / 2004 / September / Director Kay James Announces Over 25,000 People Visit OPM's Website for Tax-Advantaged Health Savings Accounts and Health Reimbursement Accounts in First Week

You have reached a collection of archived material.

The content available is no longer being updated and as a result you may encounter hyperlinks which no longer function. You should also bear in mind that this content may contain text and references which are no longer applicable as a result of changes in law, regulation and/or administration.

News Release

FOR IMMEDIATE RELEASE
Monday, September 27, 2004
Contact: Michael Orenstein
Tel: 202-606-2402

Director Kay James Announces Over 25,000 People Visit OPM's Website for Tax-Advantaged Health Savings Accounts and Health Reimbursement Accounts in First Week

Nearly 5,000 register for updates

Washington, D.C. -- The U.S. Office of Personnel Management today announced that 25,566 individuals visited its Health Savings Account (HSA) website in its first week of operation, marking the growing interest in the new health option. Of those who visited the new website, 4,141 signed up to receive additional information via e-mail.

OPM's website (www.opm.gov/hsa) is available to help educate current and retired federal employees on HSAs and Health Reimbursement Arrangements (HRA), new tax-saving products that will be offered next year through 18 High Deductible Health Plans in the Federal Employees Health Benefits (FEHB) Program. The website was created in response to interest among Federal employees and in order to provide an extended education period on the new health-care option.

"Tax-advantaged Health Savings Accounts and Health Reimbursement Arrangements are important new options for federal employees and retirees enrolled in the Federal Employees Health Benefits Program," said OPM Director Kay Coles James. "The Federal team deserves a full range of choices and can think for themselves. OPM seeks to increase options for employees and not to unfairly limit or stifle choice or competition. With careful review of available educational materials, I trust Federal employees to make informed financial and health-care decisions."

In general, current federal employees who are not enrolled in Medicare or covered by another insurance plan are eligible for an HSA; federal employees and federal retirees who are enrolled in Medicare are eligible for an HRA.

In addition to the registration page, OPM's website provides an introduction to High Deductible Health Plans, as well as general and specific features of the accompanying HSA and HRA programs.

- end -

The U.S. Office of Personnel Management (OPM) is the leader in workforce management for the federal government. Our agency builds, strengthens, and serves a federal workforce of 2.2 million employees with programs like hiring assistance, healthcare and insurance, retirement benefits, and much more. We provide agencies with policies, guidance, and best practices for supporting federal workers, so they can best serve the American people.


Control Panel