Thursday, June 02, 2005

Rx For Change

The San Antonio Business Journal reports that in recent years, insurance companies have introduced consumer driven plans tied to Health Reimbursement Accounts -- all in an effort to help drive down costs of insurance for employers.

Next year promises to be no different as employers face even more options, and details of existing plans change.

Last year, the federal government introduced Health Savings Accounts (HSAs), and many insurers were ready with consumer driven plans that could be used in conjunction with the HSA."

Nationwide HSA-HDHPs are gaining popularity with individuals as well as employers, and as more insurers add on new HSA-HDHP products, the numbers are only expected to grow.

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