A successful Health Savings Account includes the following:

Jerry Gregory & Associates  can assist you in addressing 10 steps to a successful HSA

Do you have?

Employee Communication in multiple formats

Can you provide HSA Employee Communication Pieces that educate all of your employees?  Are you sensitive to employees with a cognitive or physical impairment?  Are you sensitive to employees with a language difference? Are plan details available in different media formats? 

Open Enrollment Meetings
to define terms, educate, and answer questions

Have you scheduled meetings to clearly explain the costs associated to a High Deductible Health Plan (HDHP) coupled with an HSA?  Have you clearly explained the cost savings that can incur with a HDHP and an HSA?  If offering multiple plans alongside of the HSA, have you compared the premium and/or contribution differences between the multiple plans?  Have you clearly defined the following terms: deductibles, coinsurance, maximum out-of-pocket, and coverage gap?  

Deliver Tools
to empower your employees to manage their health care expenses

Does the insurance carrier or administrator provide consumer tools to assist employees in making a healthy, cost effective decision regarding their care?  Do you need to offer training to your employees on how to use the consumer tools? 

Prevention and Wellness
information at their fingertips

Do you have an active employee communication campaign?  Are you proactively providing your employees with prevention and wellness information? 

Health Risk Assessment
to manage health risks

Does the insurance carrier or administrator offer consumers a Heath Risk Assessment (HRA)?  Is the HRA evidence-based?  Is it reviewed by clinicians?  Does it offer suggestions on how to improve their lifestyle? 

Encourage Empowerment
consumers have a choice

Are you proactively providing employees with information on their responsibility for making health benefit decisions?  Do you offer consumer tip sheets on how to stretch the healthcare dollar? 

Instructional Tip Sheets
delivers explanations

Do you offer a 24 hour telephonic Health Information Resource?  Do you offer an Employee Assistance Program (EAP)?  Do you remind employees of the informational tools available to them?    Do provide instructions on how to use these tools?

Provider Selection
can be a cost saver

Do your employees have access to an up-to-date Provider Directory?  Is the Provider Directory available on-line?  Does the insurance carrier or administrator offer a physician comparison tool? 

Ongoing Assistance
provides employee satisfaction

Do you offer on-line resources?  Do you provide Answers to Frequently Asked Questions (FAQ)?  Does the insurance carrier or administrator offer HSA calculators? 

Case Studies,
confidence in choice

Do you offer multiple HSA examples to help your employees make the best decision for their situation?