26 Jun 2010

Interest in HSA’s Continues for Small Business and Individuals

26 Jun 2010

More than eighty percent of my small business clients offer an HSA-compatible health plan as an option to their employees. Some of them partially fund accounts for the employees to help offset the high deductibles, and still find that this is the most cost-efficient way to finance employee health care.

Ditto for individuals and families. It is particularly pleasing to help a family paying $1,000 – $1,500/month on COBRA or a small business plan realize that they could save $10,000/ year in premiums by switching the family to an HSA-compatible plan from their choice of carriers.

More on this trend, from the Kaiser Family Foundation, here.

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