healthequity

HealthEquity blog

Qualified medical expenses

HSA, Employers, qualified medical expenses, HSA record keeping, non-qualified medical expense, IRS

A health savings account (HSA) is one of the most advantageous ways to save money for the future, including for retirement. Its primary purpose, however, is to help accountholders save and pay for current or future healthcare...

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Empowering employees to become informed healthcare consumers

HSA, Employers

Healthcare in America is seeing massive shifts from the traditional employer-sponsored plans to leaner, lower cost models, where employees are taking on more ownership of their healthcare decisions.

AHIP found enrollment in...

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Healthcare is one of your greatest expenses: How you can actually save money on it

HSA, Benefit planning, Employers

As a business leader you are constantly looking for a competitive advantage wherever you can. Through improved efficiency or cost savings, the opportunities to get an edge over the competition are abundant for those who know...

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Why CDHPs work for all generations

HSA, Benefit planning, Employers, CDHP

A consumer-directed health plan (CDHP) is one of the best ways for your employees, no matter their age, to not only become more aware about healthcare decisions they have to make, but also to save money for those medical...

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5 ways to get your employees excited about HSAs

HSA, Employers, HSA investing, HSA contributions, HSA spending

Consumer-directed healthcare plans (CDHP) accompanied with health savings accounts (HSAs) continue to increase in adoption, 20% year over year growth from 2017. Electing the plan is just the beginning. Many employers find it...

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Being savvy with HSAs and consumer driven healthcare (CDH)

HSA, Employers, tax savings, HSA questions, HSA spending

One of the best ways to talk to your employees about how they can save money on healthcare expenses is to pose a hypothetical situation like the following:

Ask them to think about the last time they purchased a car. Did they...

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How to position consumer directed healthcare and HSAs with your employees

HSA, Employers, HSA investing, tax savings, HSA questions

For employers, there has been a monumental shift in the healthcare marketplace from higher cost, traditional plans to high deductible or consumer directed health plans (CDHP). Between 2007 and 2018, CDHP adoption has increased...

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2019 FSA contribution limit increased

HSA, Employers, tax savings, HSA contributions, FSA, FSA contribution limit

It’s official. The IRS has just announced that for 2019, individuals can contribute $2,700 to their FSA. That is an increase from the 2018 limit of $2,650. The FSA increase also applies to limited-purpose FSAs (LPFSA) that is...

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The HSA Raven

HSA, Employers, tax savings, HSA contributions, Open Enrollment

Once upon a noon day napping, with my co-workers making a constant yapping,

Over oft-discussed matters of weather and how their team played the night before —

While I drifted, not quite sleeping, suddenly there came a knocking,

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3 vital differentiators when evaluating an HSA provider

HSA, Benefit planning, Cost management, Employers, HSA fees

Let’s face it, shopping for a health savings account (HSA) provider is an overwhelming process. Most providers can cover the basics and deliver HSAs that may check all your boxes but act more like a supercharged flexible...

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