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Survey by ACS, A Xerox Company Says HSAs Do More Than Save Money

Survey by ACS, A Xerox Company Says HSAs Do More Than Save Money - top government contractors - best government contracting event
Photo: windows7deploymentguide.com
Survey by ACS, A Xerox Company Says HSAs Do More Than Save Money - top government contractors - best government contracting event
Photo: windows7deploymentguide.com

ACS, a Xerox company, and Buck Consultants conducted the “2011 Employer and Account Holder Surveys,“ finding 77 percent of small employers to believe that high deductible health plans with health savings accounts are key in controlling health care costs.

“This year's survey results reveal an interesting phenomenon “” HSAs are doing more than just saving consumers and employers money. They are prompting a shift in behavior that is helping employees make better decisions about their own health care,“ said Tom Hricik, principal, The ACS HSA Solution.

About three-quarters of respondents say the ability to personally control their own health costs is an “extremely“ or “very“ important benefit of HSAs. The survey found account holders are setting aside more money to cover potential medical costs, are adopting healthier lifestyles, and researching preventive care programs, among other actions.

Surveyed employers said they were extremely committed to offering employer-sponsored health insurance for the foreseeable future, and are equally committed to retain their HSA-qualified plans.

About 14,000 existing account holders and 300 employers participated in the survey in the fall of this year.

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