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June 23, 2008
Retailers Helping to Track Health Savings Account Expenses
CVS pharmacy, Target, and other retailers are starting to make it easier to track eligible expenses for Health Savings Accounts.
"The use of Health Savings Accounts has grown dramatically over the past two years - a 35 percent increase since last year," said Rob Price, senior vice president of marketing for CVS/pharmacy. "But many consumers don't realize that managing their funds throughout the year can be simple and, more importantly, can result in significant cost-savings, particularly for those with chronic conditions."
CVS pharmacy, Target, and other retailer registers now provide shoppers with register receipts that highlight prescription medicines, over-the-counter remedies and other HSA-qualified purchases so they can be easily identified and tracked with a special symbol indicating which items are HSA eligible.
As more and more retailers start to track HSA-qualified expenses on customers receipts, keeping track of HSA expenses will become easier and easier for Health Savings Account owners.
Visit http://www.health--savings--accounts.com to learn more about the money saving advantages of Health Savings Accounts.
Posted by Wiley Long at June 23, 2008 02:10 PM