« Health Savings Account Owners Save with Unique Discounts | Main | Health Savings Accounts Continue to Grow in Popularity »
May 20, 2010
Health Savings Accounts Win with Employers
As an employer, you know the value of protecting your employees’ health. When you figure in the cost of hiring and training, even to temporarily keep up the work flow while employees are out with an extended illness, employee health impacts the bottom line.
With the high-cost of health insurance, employers have sought alternatives, such as consumer-driven health plans. A few employers have offered both Health Savings Accounts and Health Reimbursement Arrangements (HRA), but Health Savings Accounts are winning by a landslide in popularity.
In the last few years, the number of employers offering a Health Savings Account (HSA) grew from 48 to 56 percent. The number of employers offering HRA fell from 43 to 35 percent during the same period.
Health Savings Accounts have worked for employers with as few as two employees, and for large corporations with more than 100,000 employees. The best HSA plans are designed to be easy for employees to understand and to use. These plans often have 100-percent coverage for preventive care services. That helps keep employees on the job and productive.
To learn why Health Savings Accounts are the number one choice, visit us at HSA for America. You’ll see why both employers and employees favor Health Savings Accounts, and find links to HSA Resources with online applications for your convenience, and excellent support for employer groups.
Posted by Wiley Long at May 20, 2010 10:28 PM