The HSA / HRA / FSA Administration & Finance community showcases the latest news and innovative trends employers use and the best technology platforms available for administering and financing personal-care accounts (FSA/HSA/HRA). The community features articles, press releases, white papers, case studies, blogs, videos and podcasts.
Webster Finanacial Corpration, the holding company of HSA Bank, one of the nation's largest and oldest health savings account administrators, announced earlier today that it had signed an agreement to acquire the HSA business of JPMorgan Chase Bank, including 700,000 accounts and an estimated $1.3 billion in deposits.
Much like the shift from employer pension plans to the now dominant 401(k) retirement plans that took place not so long ago, we are now seeing an accelerating shift in our health care system from a defined benefit model to a defined contribution model with many employers. This is impacting
Open enrollment can be a stressful time for both employees and benefits professionals. With an abundance of information to digest about available health plan options, spending accounts and supplemental benefits, employees are often overwhelmed and confused because they lack the knowledge and understanding of the available options.
Companies and their employees are increasingly choosing consumer-directed benefit accounts for their voluntary health care benefits. Why? The answer is easy: it saves both of them money. It also provides an opportunity to engage consumers in their health care purchasing decisions.
BRiEducation is a mobile-optimized educational resource which provides individuals with everything they need to know about FSAs, HSAs, HRAs and commuter benefits through the use of video, account summaries, frequently asked questions, calculation tools and mobile enrollment (when offered by the employer).
Rollover allowance offers FSA program owners a clear path to incremental growth in both FSA enrollment and contributions, compared to flat overall FSA market growth
National private exchange and benefits administration platform provider enhances their offering with top-ranked CDHC vendor relationship
In a white paper released by Change Healthcare, 91 percent of employees with families and 65 percent of employees overall would have spent less under a CDHP than a PPO. Families averaged $140 per month in savings.
In 2008, PriceWaterhouseCoopers' research team surveyed senior executives at more than 100 large US-based multinational companies and more than 250 privately held small companies. The large companies each have an average of 8,000 employees and revenue of about $3 billion. The small employers each have
Recent changes in financial accounting reporting obligations have caused many employers, both public and private, to re-examine the overall economics of pre-funding retiree medical benefits.