and we'll report back to the hsa board by the end of this calendar year, the conclusions.re are announcements on the table. they'll be up on the website today. as we get things -- get our facilitators secured and get a plan for our outreach and meetings, that information will be heavily promoted and through our usual mechanisms, and in addition, if anyone in the audience or listening to this, wishes to be on a particular mailing list for this purpose, let us know and we'll design our outreach to meet what i hope to be a rich discussion that will take place over the next several months. next i'd like to let folks know that our blackout period officially ends today. because all of the rates have been negotiated and presented and i'm presuming approved at the board today. so that will end the blackout period. >>> the -- i did want to mention that mitchell in conjunction with our work tara partner, offered a special mid year -- special enrollment for voluntary benefits and very much exceeded our expectations. we had a total of 1153 enrollments, 221 critical illness benefit acc

>> the care not cash question, we would have to get that hsa to have that discussion about the formula around how rent operates through the care funds. and that is approximately half of the units in which tenants are paying more than 30% of their income to rent. for the department of homelessness and supportive housing, the general fund units in which tenants pay more than 30% of their income to rent are approximately 1,000 units. in order to fix that, it would cost the city at least $4 million a year in general fund dollars moving forward, raising, you know, incrementally over time as costs go up. we don't currently -- we've been working with the housing authority, again, to swap out putting project-based vouchers into many of those units. however, as you know, the housing authority is currently not issuing any new vouchers, so at present moment, we don't have any plans during the next fiscal year to address this issue. again, moving forward, all new housing going forward, residents will be paying 30% of their income to rent. >> so there are about 1,000 paying over 50%, and when you s

using the money for nonprescription drugs, you don't have to have a healthcare plan to have your own hsabout nationwide shopping for health insurance, baby steps in that direction that go all the way inhabit the real investigation of pbm's, pharmaceutical benefit managers which are about half the price of the drugs that the consumers pay for their specific ideas and those fears that you put on the table? >> absolutely those have been put forward, you're going down the right path. the reforms that can get us into the right direction are transparency, accountability and rewarding outcome in a market healthcare system. right now we do not have that, that's a cornerstone of a republican model that can work, where people control the future healthcare, not government and also people are a part of the solution and not the government proposal that i heard about today. >> i'm going to take john and steve's question and join into one. it sounds like you're giving talking points about power of the people and rewarding patients and rewarding doctors by not giving concrete suggestions as to how we ca

the non-bank lenders are largely backed by fannie, freddie, hsa they are not any more risky loans.r fixed and they currently have the lowest delinquency rates we've seen in years. so yes, if there's a turn in the economy, that could hurt some borrowers but not like these loans are any more risky than the loans that are being offered by the big banks or were offered. i think everyone says this is the shadow banking system. there is nothing nefarious about a non-bank lender. but they're getting a lot of business and they still act the way they do for fannie and freddie guidelines. >> respond and address the questions of what happens with these loans. aren't they sold pretty promptly by these non-bank lenders? they're not on their books. >> two things happen number one, they're sold they'rr not on their books but often they can operate as mortgage serviceors and that has a real impact if they're wiped out and the ability to service those loans if there are defaults but also they're landing on the balance sheet of institutions that are ultimately backstopped by the federal government a

then we continue to invest in vehicles like 401(k)s, iras, hsas. >> the biggest misconception of theerage savings rate is incredibly low. we look at that and say that's pretty extreme, that people aren't preparing for the future. >> retirement for us is meaningful work. >> cbs news business analyst jill schlesinger is here with what financial strategies we can learn from this movement. good morning. >> good morning. >> how did this get started? >> it was a reaction against the great recession. a lot of the older millennials suffered so much and saw what happened to their parents. they said, uh-oh, we've got to get going. the philosophy is really interesting. as we saw in that piece, it's let me live frugally today, let me save as much as i possibly can. i may be able to retire early. i think really what they're talking about is have control, be able to have a second career that is meaningful. a lot of the founders of this movement talk about this is around happiness and you don't find happiness by buying lot of stuff. >> seems impressive to me what they're doing. what's the downside?

today it's not up, even though it's going to sell itself in a deal we use them for our hsa, at least i do health equities buying this company. all cash, 51.35 a share. that's what's interesting. stock trading now 50.60. down 2% on a deal. again, it has been a very strong performer over the last few months they say the acquisition expected to give health equity access to more of the fast-growing health savings account market by expanding its direct distribution to employers and benefits advisers as a singl single-source premier provider of those kinds of services >> how about nike, reporting after the bell big dow component. it's going to be a huge tell on china, on the u.s. consumer. here's the line. it has underperformed so far this year. if you zoom out 12 months, it's doing better the reason of the underperformance has to do with ch china and trade. it is exposed both on the chinese consumer side of things and on the manufacturing side of things with imports. so far, nike has been totally unaffected however, if things do not go well this weekend at g20, then the next tranche of ta

which is like an hsa account. >> health savings account. >> what this is going to do is allow specificallyesses -- so you know, the big gbig ga plans you're not goo see change there. the small businesses are going to be able to offer hras to their employees and they can choose their insurance plan. they're not going to be held hostage to a group plan. they're going to go to the individual marketplace, use the hra and get the plan they want, the plan that works for their family. >> it's pretax dollars and it's more choice for the individual employees because they don't have to do the one option that is obamacare. >> it's bringing choice to the employee and it's also going to help drive more people into the individual market which is going to drive the price competition and give you more affordable options and more choice. that's exactly what president trump said he's vowing to do and that's what he's doing. working towards that. >> portability of insurance is a big issue as you know. so what happens when you switch jobs? >> so that's why a lot of people stay in their jobs right now. they do