Remove Deductible Remove Health Savings Account Remove Out of Pocket Cost Remove Utilities
article thumbnail

Waiving HDHP Deductibles Has Little Effect on Premiums, Study Says

InterWest Insurance Services

Employers who offer health savings account-eligible high-deductible health plans (HDHPs) to employees can significantly expand pre-deductible coverage for certain drugs used to manage chronic conditions — with only a tiny effect on premiums. Improved disease management.

article thumbnail

Spring Cleaning with Your Eligible Expenses

Benefit Resource Inc.

While dusting, vacuuming, and packing away winter clothes may be on the top of your spring cleaning list, have you considered reviewing your eligible expenses and utilizing your Flexible Spending Account (FSA)? Utilize resources like BRIWEB , BRIMOBILE , and Participant Services to help you navigate your benefits.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Employers Expect Higher Premiums, Little to No Cost-Shifting

InterWest Insurance Services

Employers are also taking different steps to make health insurance more affordable for their staff, particularly those at the lower end of the wage spectrum: 15% of employers offer free employee-only coverage in at least one plan. 39% offer a medical plan with no or a low deductible or cost-sharing (e.g., copay plan).

article thumbnail

Having a Baby? Use Your Pre-Tax Funds to Save

Benefit Resource Inc.

Even with health insurance, labor and delivery can cost around $5,000, and without insurance, it can be upwards of $40,000. Fortunately, one great way to help with out-of-pocket costs is utilizing a Health Savings Account (HSA). Switch to a high-deductible health plan.

Taxes 72