Americans are spending down their Health Savings Account
The average Health Savings Account balance was $2,803 in 2018 according to data from the Employee Benefit Research Institute; however,
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HRAs/HSAs
The Patient Fairness Act (H.R.5566)
The Patient Fairness Act (H.R.5566) was introduced by Congressman Warren Davidson (R-OH) and cosponsored by Ted Yoho (R-FL) and Matt
Read MoreDid your deductibles reset on January 1st?
It’s a new year and for many people with high-deductible health insurance their deductibles were reset on January 1st, which
Read MoreThere’s a lot to be gained by opening an HSA
For Americans of all ages, healthcare is a source of concern and a major expense. If you are concerned about
Read MoreAre you missing out on this key healthcare savings tool?
Nearly one-third of baby boomers list rising healthcare costs as the greatest risk to their retirement in the coming year
Read MoreHSAs and Medicare’s six-month retroactive rule
As more people continue to work past age 65, when they first become eligible for Medicare, those older workers can
Read MoreWhat is health reimbursement arrangement (HRA)?
As more employers are seeking an alternative to traditional health benefits, health reimbursement arrangements (HRAs) are becoming increasingly common. Most
Read MoreWhen it comes to HSAs, are you guilty of making one or all of these mistakes?
For some employees, it is their health insurance open enrollment season where they have the opportunity to elect benefits for
Read MoreOnly 11 percent of employees are able to correctly identify four basic attributes of HSAs
In Bank of America Workplace Benefits Report found even though employees say they have a good understanding of health savings
Read MoreHealth savings account, the triple-tax advantage
For most employers, it is open enrollment season a time when employees often overlook one of the best deals around:
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