The beauty of employee directed benefits (aka HSA’s)
When employees elect the HSA option, there are a number of additional benefits that are not available with traditional plans. These benefits are quite substantial when analyzed over a period of 10-20+ years.
Important Note: Over a period of 10-20 years, the HSA-based plan will provide significantly better benefits than traditional health insurance for a substantial majority of a company’s employees.
The beauty of the 21st Century Benefits (or Employee Directed Benefits) plan design is that an employer offers the powerful HSA-based health plan—with all its benefits to employer and employees — while also making available several of the best traditional health plans. It is called employee-directed health care because employees get to choose the HSA option or the traditional health plan option that best fits their needs.