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week ending December 13th, 2019
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Employers and employees alike were increasingly interested with health savings accounts (HSAs) and health benefits in 2019. From entry-level employers to top leadership executives, employee education on health benefits remained a top concern for plan sponsors. Small employers who have trouble paying their plan's health costs can implement strategies to hold down expenses, said Mercer. For HSA holders hoping to invest, Morningstar released a report suggesting employers evaluate HSA providers and investment menus. Additionally, a report explains why following up with employees after the open enrollment period could maximize their benefit, and a study warns against the risk of HSA cyber hacks. Have a great weekend!
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Editor's Choice |
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Benefits
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HSA Cybersecurity: A Threat That is Growing
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Health savings account (HSA) holders are encouraged to save the money in their accounts for long-term health care expenses, but the less they use their accounts, the greater the risk for fraud and identity theft.
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