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Insurance and Financial Wellness in a Medical Crisis NAFCU

WebThe coronavirus pandemic made 2020 a challenge to say the least, but it also brought to light the increased need for educating consumers on financial wellness. In our …

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URL: https://www.nafcu.org/nafcuservicesnafcu-services-blog/insurance-and-financial-wellness-medical-crisis

Why Offer Hospital Accident Plan and Recuperative Care …

WebBy: Franklin Madison While your consumers may typically have insurance coverage in some areas, they often may not have enough coverage to help safeguard …

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Understanding HAP and Recup: Bridging Coverage Gaps

WebRecuperative Care (Recup) Similar to HAP, Recup offers coverage for covered accidents, but it goes a step further by also covering sickness. This insurance …

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Board of Directors and Reasonable Health Insurance

WebIn NCUA Opinion Letter 94-0435, NCUA addresses the “reasonable” question. The 94-0435 Letter finds health insurance is reasonable so long as its …

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HSAs and Medicare: What Happens at Retirement

WebJune 20, 2023 Add to Calendar 2023-06-20 14:00:00 2023-06-20 14:00:00 Breaking Down the NCBSO Exam Get your NAFCU Certified Bank Secrecy Officer …

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Cracking the Code on Health Savings Accounts for Your …

WebBy Kevin Boyles, Vice President, Business Development at Ascensus. In part 1 of this series, we began helping you expand your knowledge about health savings …

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Not Offering HSAs

WebAs the employment rate in the US continues to improve, more employers are being required to offer health benefits to attract and retain employees. For most of these …

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FinCEN alerts FIs to health care fraud NAFCU

WebThe Financial Crimes Enforcement Network (FinCEN) is alerting financial institutions to a rise in fraud trends related to the health care industry as the coronavirus …

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Mental Health Matters: Here’s Why NAFCU

WebAs we elevate Mental Health Awareness during the month of May, we start to think more consciously about how we are treating our mind, body, and spirit. As …

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Ascensus Offers New HSA Certification Program NAFCU

WebAscensus creates an industry standard for HSA expertise with new designation Dresher, PA—Ascensus, a leading health savings account (HSA) education …

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Considering Medical Information under the FCRA; Housing

WebSection 604 (g) (2) of the FCRA (codified at 15 U.SC. § 1681b (g) (2)) generally prohibits credit unions from obtaining or using medical information in …

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HSA Usage Continues to Evolve as Account Balances Grow NAFCU

WebBy Dennis Zuehlke, Compliance Manager, Ascensus. Credit unions experienced double-digit growth in health savings account (HSA) deposits last year, with …

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January 4, 2021 Chair U.S. Centers for Disease Control and

WebJanuary 4, 2021 Dr. José R. Romero, MD, FAAP Chair Advisory Committee on Immunization Practices U.S. Centers for Disease Control and Prevention

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NAFCU outlines NCUSIF health to Congress, lack of need for …

WebAs the NCUA Board analyzes the state of the National Share Insurance Fund (NCUSIF) and considers whether a premium will need to be assessed this year, …

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More on Upcoming 1099-MISC Changes NAFCU

WebWritten by Steve Van Beek. Anthony wrote about the hidden 1099 issue in the Health Care law earlier, but I wanted to add a bit more background to the changes. Â The instructions …

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Loan Participations: Enhancing the Health of Your Balance Sheet

WebA well-utilized tool for credit unions to achieve a healthier balance sheet is loan participations with transactions reaching a $60 billion annual rate in 2023, up from …

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Fed releases Economic Well-Being of U.S. Households in 2021 …

WebThe Federal Reserve Monday released the results of its annual Survey of Household Economics and Decision-making (SHED) survey on household financial well …

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Is There a Need to Merge After the Pandemic

WebMany of the factors influencing the decision for credit unions to merge in the pre-COVID-19 era were exacerbated by the pandemic and its unprecedented economic …

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NAFCU Board at the Fed today NAFCU

WebThe NAFCU Board goes to the Federal Reserve this morning to discuss credit union issues and present key findings from the association's 2012 Report on Credit …

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Randy Salser, President, NAFCU Services Corporation NAFCU

WebRandy Salser was appointed President of NAFCU Services Corporation in October of 2013. He comes to the credit union industry with over 15 years of executive-level experience in …

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