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Life Health > Health Insurance > Life Insurance Strategies

Survey: Employers Skimp On HSA Education

By Staff Writer

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Workers with access to high-deductible health plans are not getting much on-the-job advice about health savings accounts.

Researchers at WageWorks Inc., San Mateo, Calif., have included that finding in a summary of results of a survey of 1,105 adult U.S. workers.

Only 51% of the employees with access to HDHPs get information from their employer about how an HSA and HDHP work together, and only 51% of those employees say their employers offer them access to HSAs, the WageWorks researchers report.

Only 41% of employees with access to HDHPs get lists of HSA banks from their employers, the researchers report.

About 35% of employees who have access to HSAs, flexible spending accounts or even conventional major medical coverage say their employers have not done much to explain those benefits.

WageWorks, a company that sells health account administration services, conducted the survey to promote its new open enrollment materials and its new benefits telephone assistance and Web seminar programs, the company says.

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