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Tuesday, June 07, 2005

Golden Rule announces customers have $132 million in savings

[Press Release, "Popularity of Health Savings Accounts Continues to Grow," Golden Rule Insurance Company, 1 June 2005.]


Golden Rule, one of the forerunners in offering MSAs and HSAs, recently announced its customers have surpassed the $130 million mark in HSA funds:

Just 18 months after health savings accounts (HSAs) became available by law, Golden Rule Insurance Company today said that 40 percent of its customers are choosing an HSA over more traditional health insurance plans.

Golden Rule, a UnitedHealthcare company and a leader in the individual health insurance market, also confirmed that its customers have accumulated more than $132 million in their tax-advantaged savings accounts - strong evidence that the accounts are working the way HSA proponents intended they would.

According to Golden Rule Vice President of Health Products Mike Corne, "HSAs have moved into the mainstream."

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