As the cost of health care coverage rises, employers look for ways to control the their costs. “Large private-sector employers are increasingly turning to self-insured health plans, according to a…
Category: <span>HSA, HRA and FSA Info</span>
“A new report finds that 36% of large employers offered consumer-directed, high-deductible health plans in 2012, up from 14% five years ago. Enrollment in those plans has risen to 16%…
The Patient Protection and Affordable Care Act impose new limits on FSAs; a $2,500 savings cap. Hiveaway’s platform offers an option for providers to post discounts for goods and services, mitigating…
This article is over a year old, but none of the reasons that this person loves their HSA has changed. http://www.financialfinesse.com/blog/2011/07/why-i-love-my-hsa-and-you-should-too/ When you hear high deductible health plan, you may…
“Participants in 401(k) plans and health savings accounts (HSAs) had higher 401(k) account balances than those who saved only in a 401(k), according to a new report by Fidelity Investments.…
So you have an HSA? Now what? You might want to talk to people in your IT department rather than human resources. According to this article, http://www.reuters.com/article/2012/10/11/us-moneypack-benefits-hsa-idUSBRE89A0V120121011 it is “because it…
There is no better reason to enroll in a tax advantaged health account than to take a tax break. This article could not say it any better. http://www.boston.com/business/personalfinance/managingyourmoney/archives/2012/10/open_enrollment_3.html
Enrollment rates have increased significantly each year since Health Savings Accounts were introduced in 2004. “In the latest census released by the America’s Health Insurance Plans, HSA enrollees numbered 13.5…
The federal government is considering whether it should scrap the “use it or lose it” rules associated with the tax-free health care spending accounts known as FSAs. This would result “in…
An interesting trend is happening in America; Companies are replacing the traditional co-pay plans with high deductible health plans. “M&T Bank Corp., one of Western New York’s largest employers, is…