Posts Tagged ‘Consumerism’
Untangling Family Caregiving: Help Your Employees to Better Manage Their Loved Ones’ Care
When your employees think about health care and associated costs, often they’re considering more than just themselves. Over 1 in 5 Americans, or 53 million people, currently serve as unpaid family caregivers for a loved one — such as an elderly parent or adult child with disabilities — according to the National Alliance of Caregiving…
Read MoreManaging Health Care and HSA Coverage for Your Young Adult Child
When your children turn 18, there are a significant number of life changes that take place. They’re graduating high school, going off to college, starting their first jobs, and perhaps living independently for the first time. As they head off into the first forays of adulthood, make sure they’re prepared for what’s ahead. One piece…
Read More5 Myths About Health Savings Accounts
While many employees have stated that their overall health has become more important in the wake of COVID-19, the reality is that, for most Americans, preventive care has all but stopped since the pandemic began. From annual well-care visits to vaccinations, dental appointments, and mental health sessions, proactive care services are critical for maintaining good…
Read MoreDon’t Lose It! FSA Funds, That is! Tips for Spending Remaining FSA Funds
As we approach the end of the year, it may be the case that many employees are unaware that they may have unused flexible spending account (FSA) dollars left in their accounts. Beneficially, an FSA allows employees to set aside pre-tax dollars to be spent on eligible health care out-of-pocket expenses that a health care…
Read MoreAre Brokers Telling the Right Message Going into Open Enrollment?
In fewer than eight short years, health care spending in the U.S. is expected to reach a staggering $6.19 trillion — an increase of more than 19% over today’s spend. What’s more, the need for medical goods and health care services is expected to grow at an average annual rate of 2.4% from 2019 to…
Read MoreHow COVID-19 has Changed Employees’ Benefits Awareness
COVID-19 has changed much of the world that we live in, including how people think about and value their own health and wellness. As COVID-19 began to spike in the U.S., consumers shifted habits related to their overall health and Health Savings Account (HSA) usage. In fact, in a recent Further survey, we learned that…
Read MoreSurvey Finds HSA Perception Gap Among Employees and Employers
As employees across the United States are faced with rising health care costs and living with continued health fears in the wake of COVID-19, many are looking to their employers for tools and resources to pay for care today, including health savings accounts (HSAs). To better understand how employees are using their HSAs, Further surveyed…
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 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…
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