August 22, 2012

Employee Benefits – HSA vs. HDHP

Lori 402-770-5198 1.    What types of employers are turning to HSAs? In general we are seeing employers who are looking to save bottom line dollars on their benefit plans by asking employees to take control of their personal health care expenses. Employers see these plans as providing transparency and consumerism in health care plans. Many employers are offering the HSA/high-deductible health plan (HDHP) as a dual option along with the more traditional PPO type of plans. They are also embraced by small business owners, self-employed individuals and those without access to a workplace health plan. HSA/HDHPs have been embraced by over 10 million Americans since being signed into law in 2004. According to Towers Watson, a human resources firm, and the National Business Group on Health’s 2010 survey, 83 percent of businesses have already or are planning to change the health care they offer. 2.      What are the benefits of an HSA and who should use them? Many people choose […]