NU Online News Service, May 20, 2004, 1:43 p.m. EDT – An arm of the American Medical Association, Chicago, is working with Lumenos Inc., Alexandria, Va., to set up a health savings account program.[@@]
AMA Insurance Agency Inc. is working with MSAver Resources L.L.C., a Lumenos subsidiary, to offer account management services, according to a notice that appears in the AMA's weekly newspaper.
Doctors who belong to the AMA can find HSA-compatible health coverage on their own or buy coverage through insurers that have marketing arrangements with Lumenos.
Doctors who contribute cash to the Lumenos accounts can get access to the funds using debit cards and checks, AMA Insurance Agency says.
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