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Study: HSA Utilization Differs By Race, Gender, Ethnicity, And Income

Wellable

Health Savings Accounts (HSAs), which allow individuals to store and withdraw funds for certain qualified medical expenses, are frequently offered as part of an employer’s benefits package. According to one report , nearly 40% of companies offered an HSA-qualified health option in 2021.

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3 Reasons to Love Your Benefits

Benefit Resource Inc.

Here are the three reasons why you should love your benefits package! That’s why employers should be offering medical and health-related benefits. A Medical Flexible Spending Account (Medical FSA), Health Savings Account (HSA), or Health Reimbursement Account (HRA) are great places to start.

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Top 10 Employee Benefits Priorities for Employers as the Year Ends

CorpStrat

As the year winds down, employers have a crucial opportunity to fine-tune their employee benefits strategy. Open enrollment is wrapping up, and now is the time to ensure your benefits package is ready to meet employee needs and support your 2025 business goals. Are some benefits underutilized?

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Streamlining HR processes with AI

WEX Inc.

Personalizing the benefits experience Gone are the days of one-size-fits-all benefits packages. Improved communication: AI-powered chatbots and virtual assistants can guide employees through benefits enrollment , answer questions 24/7, and provide real-time assistance during decision-making moments.

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Employers Expect Higher Premiums, Little to No Cost-Shifting

InterWest Insurance Services

Employers said they are looking to manage growing group benefit costs without shifting costs to employees, as they realize that their staff are likely dealing with inflation in all facets of their lives, including their medical bills, according to Mercer’s “Survey on Health and Benefit Strategies for 2024.”

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What is a High-Deductible Health Plan (HDHP)?

Higginbotham

While not ideal for everyone, a high-deductible health plan can be very appealing to some workers, especially when it’s paired with a health savings account. Offering a high-deductible health plan as part of an employee benefits package, therefore, may be a strategic option for your organization.

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5 Emerging Benefits Trends to Look for in 2025

Best Money Moves

According to Mercers Survey on health & benefit strategies for 2025 , almost 70% of surveyed companies are or are planning to offer financial wellness programs in their benefits package next year. This projection shows the benefits trends in use and utilization of financial wellness programs among employees.