Do you remember when elective care came to a halt during COVID-19? Brokers and insurance carriers warned employers like you that the storm of claims was coming because people couldn't get access to care.
There is no doubt that many employers felt an explosion in claims over the next couple of years from this gap in care. This was highly visible because of the national attention the pandemic brought.
But lurking in the background for the last 20 years was a series of ticking time bombs from HSA plans that were thought to save money in the long run. Watch the video below to learn why HSAs probably ended up costing you money.