United Benefit Advisors Insight and Analysis Blog

Industry Differences Among Health Savings Accounts

Posted by: Bill Olson    Apr 16, 2015 12:00:00 PM

While recent survey data shows that, on average, employers are decreasing the amount they’re willing to contribute to employee Health Savings Accounts (HSAs), there are some industries that have not seen such trends.

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Topics: health savings accounts, HSA, consumer-driven health plan, 2014 Health Plan Survey, HSA funding

PPACA’s Impact on How CDHPs and HSAs Work Together

Posted by: Bill Olson    Mar 31, 2015 12:00:00 PM

Employer health savings account (HSA) funding strategies have changed in recent years in response to the Patient Protection and Affordable Care Act (PPACA) and its impact on employer-sponsored health insurance plans. Employers are contributing less, on average, to HSAs and the increase in popularity of cost-saving consumer-driven health plans (CDHPs) has also had a major impact on how employers use these accounts.

In 2014, employees saw a 10 percent decrease in their average single HSA employer contribution from the previous year, from $574 in 2013 to $515 in 2014, according to new data released from the 2014 UBA Health Plan Survey, the largest health benefits survey in the nation. Average family contributions also decreased 7 percent during the same period, from $958 to $890.

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Topics: health plan benchmarking, CDHPs, PPACA Affordable Care Act, health savings account, HSA, consumer-driven health plan, 2014 Health Plan Survey, HSA funding

Why HSAs Linked to HDHPs are Making a Comeback

Posted by: UBA Admin    Jul 21, 2014 11:04:00 AM

By Elizabeth Kay
Compliance and Retention Analyst for AEIS, UBA Partner Firm in San Mateo, CA

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Topics: health insurance exchanges, private insurance exchange, health marketplace, employee wellness, PPACA, retirement, small group employers, FSA, concierge medicine, flexible spending account, benefit communication, benefit consultants, benefit management, compliance with health care reform, employee health, group health insurance, healthcare consumerism, health plan compliance, health reimbursement account, insurance solutions, medical plan, self funded health plans, Group health plans, small business, health reimbursement arrangements, health savings accounts, HRA, HSA

Funding Concierge Medicine Costs with HSAs/FSAs

Posted by: Dave Woodruff    Feb 4, 2014 10:28:00 AM

By Dave Woodruff
The A.I. Group, Inc.

Most of us have heard of “concierge medicine” and it’s gaining popularity, especially among executives.  As more people enroll, more questions are popping up that we haven’t heard before.  One of the most frequent questions we’ve heard is, “Can I fund the cost of the concierge with my health savings account (HSA) or flexible spending account (FSA)?”

The answer is an absolute “maybe!”

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Topics: health care costs, health insurance, UBA Partner Firm, employee benefits, health care, FSA, concierge medicine, flexible spending account, health savings account, HSA