Plan sponsors started tointroduce HSAs in 2005, and most providers and sponsors initiallyexplained HSAs as an FSA look-a-like or as a kind of “super” FSA,and not as a long-term savings account. (Photo:Shutterstock)

Health Savings Accounts (HSAs) offer employers and their employeesaccess to a great savings vehicle. However, we find that theycontinue to be widely misunderstood.

The Plan Sponsor Council of America's HSA committee offers thesesolutions to common HSA pain points. Here are eight pain points andhow to approach them, to use now or at your next openenrollment:

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.