Americans Lack Awareness of HSA Benefits
As America’s health insurance industry struggles through a state of uncertainty and Americans face rising health care costs, employers are turning to various strategies to help employees cover medical expenses. One increasingly popular option is...
Read MoreAre HSAs Set to Follow Growth of 401(k)s?
Health savings accounts (HSAs) really got their start with the passage of the Medicare Modernization Act in 2003, says John Park, chief strategy officer at full-service consumer-driven health plan provider Alegeus, who is based in...
Read MoreHow the DOL Fiduciary Rule May Impact HSA Administration
The Department of Labor’s (DOL’s) final fiduciary (or conflict-of-interest) rule exempted health and welfare plans from its final rule requirements except where they have an investment component, so if a health savings account (HSA) has...
Read More2017 HSA Contribution Limits and Minimum Deductibles
The IRS has released the 2017 inflation adjusted amounts for health savings accounts (HSAs). To be eligible to make HSA contributions, an individual must be covered under a high deductible health plan (HDHP) and meet certain other eligibility requirements. High Deductible...
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