HSA Bank Health & Wealth Index Reveals where Americans Stand with their Physical and Financial Well-being

HSA Bank, a division of Webster Bank, N.A., released the HSA Bank Health & Wealth IndexSM for 2018, a new report that explores how today’s consumers are faring when it comes to their financial and physical health. More than 1,000 U.S. adults were surveyed about their health plan enrollment status, health practices, ability to pay for health-related expenses, and level of engagement in their own health and wealth. The results showed that 41 percent never save money for future healthcare expenses and 35 percent never consider cost when selecting health services.

Key findings from the report show that although consumers are paying attention to their physical health and engaging in healthy lifestyle behaviors, opportunities exist for employers, benefit administrators, and healthcare providers to further educate consumers on the various factors that play a critical role in influencing physical and financial health.

1. Consumers can improve their focus on the financial aspect of healthcare.
2. Consumer confidence in health plan coverage does not align with their financial literacy of health plans.
3. Consumers are making lifestyle changes to improve their health.

To view the full report, visit hsabank.com/healthandwealthindex.

Leading the HSA Revolution: How to help Employers see the Value of HSAs

From BenefitsPro

After 14 years in the marketplace, why are HSAs not more widely used by employers and individuals? Possibly employees and employers have some questions that aren’t being answered. Here’s how to help. (Photo: Shutterstock)

Roy Ramthun (also known as “Mr. HSA”), founder and president of HSA Consulting Services and Chad Wilkins, president of HSA Bank in Sheboygan, Wis. are quoted in this article.

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