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.
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.
It's been an exciting summer so far in the world of health savings accounts, culminating with a recent series of reports from America's Health Insurance Plans, American Bankers Association's HSA Council and Alegeus Technologies.
Private exchanges are coming. Regardless of which study you pick or which representative sample of employers you survey, the numbers suggests that anywhere between one-quarter to two-thirds of U.S. employers will adopt some form of private exchange solution by the end of the decade. And these projections could certainly increase
Set aside up to $2,500 pre-tax for out-of-pocket health care expenses
ConnectYourCare, a national leader in consumer‐directed health care account solutions, including HSAs, FSAs and HRAs, has been named to the 2014 Inc. 500|5000, an exclusive ranking of the nation’s fastest growing companies.
According to the eighth semi-annual Health Savings Accounts (HSAs) survey and resulting research report conducted by Devenir, HSAs have grown to an estimated $22.8 billion in assets and almost 11.8 million accounts as of June 30, 2014.
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.