Are Misconceptions About HSAs Holding Your Organization Back?
By Jennifer Bassett, QKA, CIP, CISP, CHSP
By the end of 2018, there were over 25 million health savings accounts (HSAs) holding $53 billion in assets—a 19 percent increase from the year before. Is your organization taking advantage of this amazing business opportunity? Or is a lack of HSA knowledge holding you back? Although HSAs have been around for 15 years, many professionals in the financial industry still do not have a good understanding of how they work and what their benefits are, which has led to some common misconceptions about HSAs. Watch Steve Christenson, Executive Vice President of Retirement and Health Services at Ascensus, clarify a couple of them.
Are you letting misconceptions deter you from having a successful HSA business? Find out by taking this short quiz.
Let Ascensus Be Your HSA Expert
Ascensus has been working with HSAs since their inception. We continuously monitor new laws, revised regulations, and marketing trends, which makes us your everything-HSA go-to resource. We can help your organization launch or maintain a successful, compliant HSA program.
As the health insurance open-enrollment season approaches, it may be a good time to enter the HSA market—if your organization is not yet in it. Whether you’re thinking of getting into the HSA business or already are, Ascensus offers a variety of solutions (e.g. HSA administration, forms and documents, consulting, and education) to make it easier.
Contact us to learn how we can partner with your organization to support all aspects of your HSA program.