Health Savings Accounts offer employers and individuals an affordable new option for health insurance coverage. Health Savings Accounts (HSAs) have grown in popularity since Congress authorized their use in 2003. The forerunner to HSAs, Medical Savings Accounts (MSAs), were first established in 1996 and had extensive restrictions that impeded their use and success. HSAs are free of those restrictions, and anyone can own one.
How Middlemen and Hidden Kickbacks Inflate Healthcare Costs
This is the time of year employers, local governments, employees, and individuals are looking at their healthcare renewals and expect double digit insurance premium increases for 2027. This pours fuel onto the fire of a healthcare system in crisis. Renewal notices often arrive at the last minute so CFOs and HR directors do not have...