Enrollment in health savings accounts has tripled in five years, according to Kaiser Family Foundation. “What we’re seeing is a change in the financing of health care, not an erosion of the coverage,” said Drew Altman, president and CEO, Kaiser Family Foundation. “The coverage is still there. In fact, there’s more coverage than ever.” But a study by Alison Galbraith, a pediatrician at Harvard Medical School found a higher prevalence of delayed or foregone care due to cost compared to people with non-deductible plans. Altman suggests a national discussion about whether HSAs are good or bad. “But we have to worry about what these very high deductibles, $2,000, $3,000, $4,000, $5,000 deductibles, is that really even insurance coverage,” Altman asked.
ThinkAdvisor's TechCenter is an educational resource designed to give you a competitive edge by keeping you abreast of new tech innovations and need-to-know information that can be applied to your business.
Your resource for news, research and analysis to help you deliver more effective outcomes to your clients.
Download this cheat sheet to learn what you need to know and do prior to June 9th, 2017, that will ensure your practice is fully...
Use this fact sheet to explain 3 key differences between Life Insurance and Roth IRAs to your clients.
Tools to help you survive in the post-DOL rule world.
Jul 19, 2017
The first compliance deadline for the DOL’s fiduciary rule has kicked in … are you in compliance?
Jun 29, 2017
Join this complimentary webcast to dive into the imperative demand benefits professionals, employers, and HR representatives must meet when it comes to customizing benefits packages,...
Jun 28, 2017
Clients want to discuss health care costs in retirement. We can help break down options and costs so your clients can better prepare.