in a survey of 991 employers, nearly three-quarters of respondents say it is either very likely (19%) or somewhat likely (54%) that they will offer a high-deductible health plan with an HSA...
Mercer HR Consulting
Press Release
A popular sentiment states that only the wealthy will purchase HSAs, because lower income individuals will not be able to contribute to their accounts. Fact...or fiction?? eHealthInsurance states that out of all HSA purchasers, nearly half (46 percent) have family incomes of less than $50,000.
Coalition for
Affordable Health Coverage (CAHC.net)
use tax-advanged savings programs to promote high-deductible plans at your company
One of the changes enacted with the Medicare Prescription Drug, Improvement and Modernization Act of 2003 was the establishment of the Health Savings Account (HSA). The HSA, with its year end balance roll-over feature and portability between employers, is rapidly replacing the FSA as the plan of choice.
Many employees now consider the HSA a long term savings vehicle for unforeseen expenses. And while the accounts clearly benefit employees with financial preparation for medical crises, they also give employers a way to keep their healthcare benefit costs down.
The HSA benefit increases the likelihood that more employees will choose a high-deductible insurance plan, if offered, since they'll be saving money on the part of the monthly premiums they pay. Employers keep their overall health plan spending down and get a tax benefit as well since the money that is contributed to HSAs isn't taxed.
Our versatile SecureBenefits™ Card provides additional corporate cost savings by reducing HSA maintenance and administration fees even as healthcare payments are made directly from the employee's HSA account.
Used like an ordinary debit card and with the convenience of 24/7 access, employees can view and manage their account on-line through our secure server. Discover the Allegis cost advantage for your company's unique HSA or HRA needs and give your employees a healthy hedge against future expenses.