2020 year in review

When 2020 began, it’s safe to say no one could have predicted all that was to come. As individuals and organizations, we all came together to quickly pivot to keep ourselves, our families, and our communities safe. As we look back over the year, organizations and legislation has also changed to address the COVID-19 pandemic,…

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here are 5 myths about HSAs

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…

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different employees with different health plans should receive different messaging

Comprehending the complex world of health care is not for the faint of heart. There’s acronyms galore, many different provider options and according to a 2019 published study, the majority of U.S. adults (51%) reported having inadequate health insurance literacy as measured by knowledge of basic insurance terms. Perhaps even more concerning is that close…

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HSAs can be powerful recruitment and retention tools

Health benefits packages have always been an important component of a job offer. However, the benefits package offered at a new job has taken on new significance in recent years as health care costs have continued to climb, with no signs of stopping, and more and more of that cost is being shifted onto consumers.…

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how to help employees optimize health benefits during covid-19

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…

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Survey 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…

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2021 HSA contribution limits announced

For 2021, the IRS just announced the increased new contribution limits for Health Savings Accounts (HSA) to $3,600 for individuals and $7,200 for family plans. In turn, adjustments to High Deductible Health Plans (HDHP) were also made. The minimum HDHP deductible is $1,400 for individuals and $2,800 for families, with a maximum out-of-pocket expense of…

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