Posts by Further Team
What Medicare Means for HSAs
Many of us look forward with anticipation to – or backward with fond memories of – life’s rites of passage: getting a driver’s license at 16, voting at 18, full legal benefits at 21. But, Medicare eligibility at 65? Perhaps not. However, as Americans remain in the workforce longer, many of your clients probably have…
Read More2020 HSA Contribution and HDHP Limits Announced
It’s that time of year again! On May 28, 2019, the IRS announced the following 2020 limits for health savings accounts (HSAs) and high deductible health plans (HDHPs). In 2020, individual HSA contribution limits will rise to $3,550; the family HSA contribution limit will rise to $7,100. The HDHP minimum deductible limit for individual coverage…
Read MoreCase Studies: Organizations Benefit from CDHPs with an HSA
Are you considering a consumer driven health plan (CDHP) with a health savings account (HSA) offering in your organization? Or looking for ideas to increase adoption of your current CDHP offering with an HSA? To gain more insight into how to tackle these questions, view one of our case studies below. It may be intriguing…
Read MoreHow to Improve Mental Health in the Workplace
May is Mental Health Month. Help employees live their healthiest lives with an HSA that covers mental health expenses. Deborah, a 45-year-old mother of teenage twins and the daughter of an ailing, elderly mother, is having difficulty concentrating at work. In fact, her demeanor, which is usually bright and cheerful, has taken a sour, short-tempered…
Read MoreHSA Spenders: An Overlooked Majority
Many health savings account (HSA) administrators are eager to educate on the value of saving HSA funds. But studies show the majority of HSA account holders are spenders. HSA spenders are defined as those who use the account to pay for health-related costs as they occur. In this whitepaper, learn why spenders are important and…
Read More5 Steps to Boost Health Literacy and HSA Engagement
Find out how employers can boost HSA enrollment simply by helping employees understand their health benefits. The article featured in BenefitsPro, How Health Literacy Boosts HSA Engagement: 5 Steps to Guide Clients, shares five simple steps to help employees better understand their benefits. Read the full article here. Please note that users must be BenefitsPro members to be…
Read MoreTips for Transitioning to a New Health Spending Account Administrator
As an employer, changing health spending and savings account administrators is an important decision. Everything from administrative set-up to communicating with employees can easily consume a lot of your time. Here are several helpful tips and insights to consider when changing to a new health saving and spending account administrator. As you’re making a partner…
Read MoreBenefitsPRO Broker Expo: Top Five Things We’re Looking Forward To
BenefitsPRO is right around the corner There are lots of things we’re excited about for this year’s BenefitsPro Expo. Here are five of our top reasons: Networking with industry-leading brokers and agents from across the country Gaining a deeper understanding of benefit strategies used and needed by large employers Getting an update about the state…
Read MoreHow to Turn an HSA into a Retirement Pot o’ Gold
It’s that time of year when everyone is thinking about that lucky leprechaun and his Pot o’ Gold. At Further, we’re thinking about gold a little bit differently. With a health savings account (HSA), you can start planning now for your own Pot o’ Gold to be waiting for you when you retire. If you…
Read MoreGetting Employees to Use Health Savings Accounts
The numbers tell a story. Enrollment in high deductible health plans (HDHPs) has grown from just 1 million in 2005 to more than 23 million in 2017, according to statistics from America’s Health Insurance Plans.¹ Moreover, employers are increasingly offering health savings accounts (HSAs) as a part of their benefits packages. Yet a recent study…
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