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HSAs In 2007, Health Savings Accounts (HSAs) were a major benefit trend during the open enrollment season, the annual period when employees can adjust the benefits their employers provide. Employer interest in consumer-directed health plans HSAs continues to grow. It is predicted 40 percent of U.S. companies will offer workers an HSA in 2008.HSAs account-based plan designs are gaining traction among employers as a way to control costs. By the end of 2007, 20 percent of U.S. companies will be offering or planning to offer high-deductible health plans with Health Savings Accounts, and almost 50 percent of the companies nationwide are considering offering them at a future date. Just 3 percent of employees elected HSA plans last year, but most companies anticipate that enrollment will grow to 20 percent in five years. At MGC, we have experienced over 25x the national average in participation (75%) in our HSA cases which equates to substantial employer and employee cost savings. (Download our HSA flier for more information.) Contact us today to learn how we achieve results that are 25 times the national average and that equate to substantial employer and employee savings. |
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