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The
Harrison Group’s mission is to provide exceptional products and
services that are flexible and responsive which enable our clients to
offer their employees the best possible employee benefit plans.
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Contact
Us
Richard H.
Miller, Jr.
President
Telephone:
610.853.9075
Toll Free:
855.222.5727
Fax: 610.853.9079
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to share this information with your clients & colleagues now…
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 Curious
About Consumer-Driven Health Plans?
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Consumer-Driven
Health Plans Continue to Show Strong Growth
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Enrollment growth
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- 16.5
million Americans currently in HSAs, growing at a rate of 22.5
percent
- U.S.
banks held $15.9 billion in HSA deposits at the end of last
year
- 38
percent of employers offered an HDHP with an HSA in 2011
- Nearly
two-thirds of employers will offer an HDHP with an HSA in 2013
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Offerings remain steady while
enrollment
increases
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- HRAs
were offered by 25 percent of companies in 2012
- Enrollment
in high-deductible plans with HRAs increased from 34.2 percent
to 37.9 percent in 2011
- When
employees have a choice between CDH plans and another medical
plan, enrollment averages 31 percent for HRA-based plans and
21 percent for HSA-based plans
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Largest market
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- Over
85 percent of large employers offer FSAs, but only 20 to 22
percent of eligible employees enroll, totaling 33 million
people
- FSA
enrollees make an average election of $1,400, resulting in a
net tax reduction of about $200, and $75 forfeited per year
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Source: “Using Cards Creatively to Increase
Revenue and Decrease Costs,” *Evolution1
Webinar, May 7, 2013
*Evolution1
is The HG’s Prepaid Debit Card Partner
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The HG’s Advantage™ Card Offers a Better Way
What makes consumer-driven healthcare work? In theory,
giving consumers more control over their healthcare expenses, and
more responsibility for their healthcare decisions, means that they
will make better and more informed choices, resulting in happier
employees, and reduced costs for employers.
However, in order for consumer-driven healthcare to be effective, the
administration of such a program must not become a burden. That’s
where The Harrison Group’s Advantage Card comes
in. <<Read more>>
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Consumer-Driven Healthcare Goes Mainstream:
10
Years, 10 Catalysts of Change in Benefits
By Kathryn Mauer
 A decade ago, consumer driven health care was little more
than a fad-just one more temporary fix aimed at the country’s
troubled health care system.
But not
anymore.
The last
decade has seen massive growth-not to mention wider acceptance-of
consumer-driven healthcare and related products by both employers and
employees. <<Read more>>
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