Posts Tagged ‘HSA’
Price Transparency Alone Will Not Reduce the Cost of Healthcare Without Consumer Interest in Shopping
The economist, Milton Friedman in “How to Cure Health Care” writes that one of the factors “explaining both the high level of spending on medical care and the dissatisfaction with that spending” is “nobody spends somebody else’s money as wisely or as frugally as he spends his own.” His observation is a crucial factor for…
Read MoreHow a price transparency tool can help maximize the value of an HSA!
Health savings accounts (HSAs) provide employees enrolled in high-deductible health plans (HDHPs), a tax-advantaged way to save and pay for out-of-pocket medical expenses. Combining a price transparency solution with an HSA account allows employees to decrease their healthcare costs by 30 to 40 percent today and maximize the value of an HSA for future medical…
Read MoreBenefits that Benefit All
As a relatively new entrant into the workforce, I feel confident expressing that there are opportunities for improvement when it comes to benefit plans and the consideration and impact on current and future generations – specifically, health plans. (And of course, I feel confident expressing myself. As a millennial, I’ve been told that I’m allowed…
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