Consumer Driven Health Services to Control Costs & Attract Top Talent

Consumer driven health services have become an attractive option for employers looking to reduce rising healthcare costs while still providing valuable benefits to recruit and retain top employees. At BenefitsDNA, our experts can design a tailored plan combining services like HSAs, HRAs, FSAs and dependent care assistance to meet your company’s unique needs.

HSA (Health Savings Account) 

An HSA is a tax-advantaged savings account that allows employees to set aside pre-tax dollars to pay for qualified medical expenses. Funds roll over each year and can be invested, making HSAs a powerful long-term savings vehicle.

• HSAs can reduce payroll taxes for employers and employees
• 55% of employers offered an HSA-qualified health plan in 2022 (KFF)

HRA (Health Reimbursement Arrangement) 

With an HRA, employers provide tax-free funds to reimburse employees for eligible medical expenses. HRAs are owned by the employer and funds are use-it-or-lose-it each year.

• HRAs help control costs by allowing employers to set an annual contribution limit
• 13% of employers with 200+ workers offered an HRA in 2022 (KFF)

FSA (Flexible Spending Account) 

FSAs allow employees to set aside pre-tax dollars to pay for qualified healthcare expenses not covered by insurance. Funds must be used by the end of the plan year.

• FSAs reduce payroll taxes for both employers and employees
• 44% of employers offered a healthcare FSA in 2022 (EBRI)

Dependent Care Assistance Programs 

These employer-sponsored accounts allow employees to pay for qualified childcare or adult dependent care expenses with pre-tax dollars.

• Offered by 39% of employers in 2022 (EBRI)
• Reduce payroll taxes and increase take-home pay for employees

How BenefitsDNA Can Help 

Our benefits experts will work with your company to design a cost-effective consumer-driven health plan that combines the ideal mix of HSAs, HRAs, FSAs and dependent care assistance. You’ll be able to control costs through defined employer contributions while giving employees better health benefits and higher take-home pay. Contact us today for a free consultation!