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Wednesday, April 21st, 2021
A biweekly topical newsletter from PLANSPONSOR
Health Care and HSAs
A newsletter for plan sponsors, highlighting health care and health savings account (HSA) trends and data.
Lawmakers Want No ‘Surprise Billing’ for Health Benefit Plan Sponsors
Health benefit plan service provider disclosures have been added to ERISA Section 408(b)(2).
Employers and Employees Can Benefit From Understanding Medicare
Medicare only covers several types of medical costs for retirees, not including premiums and deductibles. Experts say it’s time for both groups to learn what that means. 
Employees Need More Help With Health Benefit Decisions
They say their employers don’t provide enough educational resources, but plan sponsors can rectify this.
Selecting an HSA Service Provider
Experts say providers should be able to educate participants about how the accounts work and their triple tax benefits.
Boosting HSA Participation and Engagement
Experts say offering company matches and/or seed money, as well as implementing automatic enrollment into the plans, can boost workers’ engagement with HSAs.
More Employers Are Engaging With Voluntary Benefits
Experts say such offerings could help improve employees’ financial wellness and retirement security.
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