The Growing Role of Health Spending and Savings Accounts in the Benefits Portfolio
With the continuous trend of rising health care costs, companies are constantly seeking opportunities to contain costs, while providing employees with comprehensive benefits offerings. Employers recognize the need to cater to cross-generational employees when it comes to benefits packages--particularly in the area of health care coverage. Health saving and spending accounts, such as HSAs and HRAs, provide employers with an opportunity to help employees save premium costs, while building tax-advantaged accounts with funds that never expire.
We partnered with Arizent/Employee Benefit News and asked employers at organizations with up to 5,000 employees why they offer savings and spending accounts and how they educate employees to make informed choices about their healthcare spending. Based on our research, we developed a white paper that tackles:
- What benefits employers are offering, related to health spending and savings accounts
- How employers view different types of these accounts
- Why employers are offering these accounts
- Challenges employers face with health spending and savings accounts--and how they can overcome them
Dive in and discover what your peers are doing and learn about solutions that can make your benefits offering more robust--helping you better manage your employee talent pool. View the full white paper here.
Additionally, you can also download the following infographic, "Make Way for HSAs" to see more.