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By providing proactive benefits support, employers empower their teams to make confident health and financial choices that actually reduce the cost of care — building a culture of trust, security, and resilience that lasts.

For years, health savings accounts (HSAs) and flexible spending accounts (FSAs) have been championed as tools to help employees reduce out-of-pocket health care costs. It seems like common sense: money is being set aside on a pre-tax basis to cover future health care expenses. But a recent study published on the JAMA Health Forum website pokes holes in that theory.
Researchers at New York University found that HSAs could increase out-of-pocket spending by over $500 per family each year, while FSAs may drive costs even higher—raising out-of-pocket expenses by $500 per family and adding over $1,500 annually to a health plan’s expenses.
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By ALM Staff | January 28, 2025
Nominate yourself, a peer, or a colleague for BenefitsPRO’s 2025 Advisor of the Year Award before the extended deadline on Wednesday, January 29th!
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