Budgeting for Back-to-School with Your HSA, HRA or FSA

The back-to-school season is upon us, and as any parent or guardian knows, it can be an expensive time! Between stocking up on school supplies, signing up for extracurricular activities and buying new clothes for the kid who grew two...

WEX Inc. and Fifth Third Bank Release “More Education on HSAs Is Not Enough” White Paper   Employee benefits administrators know that there are very few circumstances in which a high deductible health plan (HDHP) paired with one or more...

We’ve had a lot to say this year about what’s getting in the way of more Americans taking advantage of health savings accounts (HSAs)—and how those of us in the benefits administration industry can remove the hurdles by building health...

For benefits brokers, your work to help Americans offset costs and save for healthcare expenses has never been more critical. Because your daily work lies at the intersection of your clients’ financial and physical health, you are uniquely poised to...

Some good news out of D.C. this week: Yesterday, the Treasury Department and the IRS continued their efforts to increase the use and flexibility of HSAs and high-deductible health plans (HDHPs), issuing a notice that expands the list of HSA-eligible medicines...

While most Americans are concerned about setting aside savings and investments for the period of their lives when they no longer work, they often fail to plan specifically for healthcare costs in retirement, or to calculate the costs of the...

In conducting research for our recent consumer paying for healthcare report—and preparing materials for the first annual HSA Awareness Day—our suspicions were confirmed: Many Americans struggle to make sense of health insurance industry jargon, which has led to many misconceptions...

WEX approached our latest consumer healthcare research with curiosity about why so many Americans aren’t exploring all of the healthcare benefits options that are available to them—especially those plans that could be better preparing them to manage their healthcare expenses...

Last week we were excited to finally be able to announce the new awareness initiative that WEX’s Health division has had in the works: National HSA Awareness Day. To take place each year on October 15, HSA Day will emphasize the...

Last week, the U.S. departments of Health and Human Services, Labor and the Treasury issued a final ruling allowing employers of all sizes that do not offer a group coverage plan to fund a new kind of health reimbursement arrangement, HRA, known...