Posts by Further Team
5 Tips to Increase Employee HSA Adoption
As employer-offered high deductible health plans (HDHPs) continue to become more widely offered and additional health care premium costs are being shifted to members, there seems to be a perception among employees that you can no longer have a quality health care plan that is also affordable. Employees perceive that you need to compromise one…
Read MoreThe Power of Language – Transforming the Health Care Industry for Consumers
Have you ever experienced sphenopalatine ganglioneuralgia? Or diaphragmatic flutter? What about borborgymi? You have. We all have. These are the official medical terms for an ice cream headache, hiccup, and getting dizzy from standing up, respectively. If we all know these occurrences by their common name, why do they need fancy medical terms? Are there…
Read MorePairing an HSA with a Limited Purpose FSA
When it comes to health care spending options, there are many possibilities employers can offer. Whether it is a health savings account (HSA) or flexible spending account (FSA), both are great spending tools for employees with consumer-directed health plans that can be used for health care expenses. However, while many groups offer an HSA paired…
Read MoreThe Further Learning Center: An Invaluable Resource for Brokers
The team at Further understands health care finance is complicated. That’s why we’ve put an emphasis on education for our partners and members. The more people understand about how their health care spending accounts work, the more confident they’ll be in their decisions—and with more confidence comes better, easier decisions. One of our best educational…
Read MoreTransparency Puts the Consumer Back into Health Care Consumerism
While many in the health care industry continue to look for ways to reduce patient costs, the statistics still tell a different story. Health care consumers are forced to deal with cost ranges unlike anything they encounter when purchasing other goods and services. And most often, they’re making decisions without adequate information. Take mammograms or vasectomies, for…
Read MoreQuestions Every Broker Should Ask Prospective HSA Administrators
The health savings account (HSA) market is changing. What was once a means for employees to save and invest funds for future healthcare needs is now morphing into a way to pay for medical costs. This new reality means that employers, who want to provide their employees with tools they can use now to achieve…
Read MoreHow Telemedicine May Help Decrease Health Care Costs
As employees continue to explore their health care treatment options, and the expenses that correlate, telemedicine may provide a more convenient, cost-saving option compared to traditional office visits. What’s more, telemedicine removes some of the traditional barriers to health care, such as distance, mobility, and time constraints, which could hinder some employees from seeking information…
Read More11 Surprising Things You Can Buy With Your HSA
When employees have a health savings account (HSA), they generally understand that visits to the doctor or dentist can be paid for through their HSA. But when it comes to other items or services, employees may be missing out on tax savings by not using their pre-tax HSA dollars toward purchasing qualified items. What services,…
Read MoreTips for Navigating Life Changes with HSAs
Big life events such as marriage, the birth of a child, or retirement are often some of the most exciting times in life — but can also create challenges. Details like obtaining a marriage certificate or setting up a nursery are important, but it’s just as crucial to think about changes to health insurance to…
Read MoreThe Value of an HSA
Brokers: Is it safe to say that, given the tremendous growth of high deductible health plans (HDHP) with health savings account (HSAs) over the years, many of your benefits manager clients have adopted these health care vehicles for their organizations? And benefits managers: Was implementing the HDHP with an HSA plan met with angst, resistance…
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