HDHP / HSA / FSA

Providing employee healthcare benefits comes with a lot of responsibility—and acronyms, for that matter. In the first installment of this 3-part series, we'll compare the features of a health savings account (HSA) to those offered by Paytient, then discuss how they can complement one another to help employers present their employees with more flexible healthcare payment options.

Financial stress among employees can have a negative impact on productivity. Employers can help workers increase their financial wellness by establishing an emergency savings program that includes financial education and planning tools.

The U.S. healthcare system is a patchwork of solutions to the perennial problem of ever-increasing costs. Where do consumer-driven health plans fit into the mix? And can they really help you and your employees save money?

When they were first conceived, high-deductible health plans were meant to control the rising costs of healthcare. Although HDHPs can help folks save quite a bit of money, it turns out they might be discouraging folks from seeking important preventive care.

Health savings accounts have not been the harbingers of healthcare equity many folks assumed they would be. While they have fallen short in terms of making healthcare more equitable, HSAs still have a lot of untapped potential.

The U.S. health insurance landscape is vast and often incredibly confusing. Human resources professionals must do their best to educate employees on HDHP pros and cons so they can maximize their benefits.