Yet more evidence has emerged to indicate that those who choose a health savings account over a health reimbursement account are more fully engaged in the management of their health insurance.
The latest survey to support this conclusion comes from the Employee Benefit Research Institute. EBRI elicited activity responses from those covered by both kinds of plans, and found that the HSA plan members were far more likely to actively participate in their plan decisions than those in reimbursement plans.
This level of personal involvement, which often leads to cost-saving decisions, is one more reason employers are increasingly offering HSAs to employees rather than HRAs.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
