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NEW YORK, April 6, 2021 /PRNewswire/ TIAA, the leading provider of financial services in the academic, research, medical, cultural and government fields, today launched its Health Savings Account (HSA) Resource Center, developed to engage and educate people on how to make their health savings work for them at different life stages.
The new site offers helpful information on HSA ownership, HSA use as a component of a retirement savings strategy and helpful tips to optimize account contributions.
The site is open to all, but those who already own an HSA can also take advantage of a fast and easy quiz to find out their HSA personality type: spender, saver or investor. The quiz is designed to help users better understand how their contribution strategy aligns with their personality type and offers actionable steps that can help maximize the impact of savings. By following suggested advice, users can graduate from one personality type to the ne
HSA investments account for a bigger chunk of the business: Report
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Despite increased legalization, there remains a major void in the medical cannabis market: health insurance.
The reason major health insurance carriers won’t cover cannabis is they require their drug formulary approved by the FDA before it can be covered in their medical plans. With cannabis still classified as a Schedule I drug at the federal level, no such drug has been approved with exception of Epidiolex, an FDA-approved CBD-based epilepsy medication developed by GW Pharmaceuticals.
There are a handful of health insurers that do provide coverage for cannabis, but they don t advertise their coverage, leaving patients instead to rely on word of mouth. But with cannabis and cannabis-based products growing more and more popular, so too is the need for cannabis-based health insurance.