Search
Copyright © 2022 ALM Global, LLC. All Rights Reserved.
Health savings accounts have been around for nearly a decade. Over the years, we’ve seen significant changes as HSAs adapted to the marketplace and to fulfill Americans’ health care needs. As a result, both the number of HSA accounts — and the dollars in them — have risen sharply.
With most of the key provisions of the Affordable Care Act effective Jan. 1, 2014, HSAs stand poised to be reinvented, reinvigorated and rediscovered by a new segment of the population. They will expand at an even greater rate than in the past, presenting a great opportunity for credit unions to bring in new accounts and new customers, including partnering with small businesses.
A Brief History, A Look Ahead HSAs originally were designed to give small employers the opportunity to offer health care at a lower cost to their employees — a benefit that was previously too costly for many small businesses. As the shift to affordable health care benefits was occurring among small businesses, many large employers began converting their traditional HMOs and PPOs to high-deductible health plans in an effort to cut costs. This shift among both large and small businesses drove the explosion of HDHPs and HSAs in the last decade.
Already have an account? Sign In Now
New executives are named at Jovia Financial CU, Allegacy FCU, OnPath FCU, Consumers CU and others.
When competing to hire the best employees, keep these benchmarks in mind.
Lasting happiness in the workplace is not about making more money, it's about fulfilling a sense of purpose in what you do.
Guide
Sponsored by DataVisor
The Dummy Handbook on Machine Learning for Fraud Detection
This handbook provides an overview of the different types of machine learning (ML), and how best to use them to detect and prevent fraud.
White Paper
Sponsored by Canidae, LLC
Buy Local Spend Local: Drive Membership & Increase Income
Attracting new members and deepening current member relationships is top of mind for credit unions, but finding ways to do so can feel overwhelming. Download this white paper to learn how your credit union can achieve both with the Buy Local Spend Local program and how your CU can benefit from it.
eBook
Sponsored by Salesforce, Inc.
How Credit Unions Can Embrace a New Service Model for the Digital World
With only 27% of customers saying that the financial services industry provides great customer service, credit unions have an opportunity to improve customer experiences by modernizing their service models.
Copyright © 2022 ALM Global, LLC. All Rights Reserved.
Sign In
Sign In
