High Deductible Health Plans

2023 HSA contribution limits  Key takeaways 2023 HSA contribution limits will increase to $3,850 and $7,750 for self-only and family HSAs, respectively. 2023 HSA minimum deductible and maximum out-of-pocket limits also are increasing.   Health savings account (HSA) contribution limits...

National HSA Awareness Day is today! Every year on October 15, we join forces with our partners, employers, and other industry experts to share the value of health savings accounts (HSAs). With inflation and a declining financial market resulting in...

The Great Resignation. Employee wellness. Inflation and financial concerns. The benefits space has experienced a swift transformation over the last couple years, which requires a recalibration of what is top of mind for human resources teams and benefits professionals. On...

Your health plan drives many of your decisions during open enrollment. One emerging trend is employers offering their employees health plan options. Nearly two-thirds of large employers provide their employees with the choice of a high-deductible health plan (HDHP) and...

We’re just a few weeks into the new year. For most Americans, a new year meant setting new financial goals. In fact, almost three-quarters of U.S. citizens had a New Year’s resolution last year that centered on being smarter with...

Understanding the basic rules of a health savings account (HSA) is critical in driving employee participation. Only half of those surveyed in our “Paying for Healthcare in America” report said that they understand the differences among the different health spending...

Only 16 percent of employers believe their employees are saving enough money for retirement. While many employers recognize this is an issue, determining the best solution has yielded a variety of different tactics.  One retirement-planning account that’s often overlooked is...

The 2022 health savings account (HSA) contribution limits have been announced by the IRS as part of Revenue Procedure 2021-25. The limits are:   What are the 2022 HSA contribution limits?  HSA 2021 2022 Self-only contribution limit $3,600 $3,650 Family contribution...

Paying for healthcare, and paying for retirement are the two issues that are top of mind for your employees. Despite the emphasis on financial wellness, nearly half of all employees say financial stress has caused them to either miss work...

To contribute to a health savings account (HSA), participants must be enrolled in an HSA-eligible health plan. One of the requirements for an HSA-eligible health plan is that the health plan meets the IRS’ deductible limit. The phrase “high-deductible health...