DECIDE: GO/NO GO FOR HSA.
At the first stage, employees are asking themselves: “Should I open an HSA?” and “Do I have a qualifying High-Deductible Health Plan (HDHP)?” During the decision-making process, employees want to know how an HSA works and how it can help them with their health care needs, along with its benefits. They may be attending employee benefits meetings, reading brochures or chatting with colleagues or friends to get more information.
During this time, some employees will feel anticipation and enthusiasm for a tool that can help them better manage their health care finances. Others will be confused or even intimidated by all the information they’re receiving. Some will even be skeptical and resistant.
- What are my contribution options?
- How much will my employer contribute?
- Will I end up paying more for my health care than last year?
- What is the right decision for me?