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Cut Costs by Adding Benefits: An HPA May Be Your Secret Weapon
HealthEquity
May 21, 2025 "[A Health Payment Account (HPA)] is a low-cost, flexible payment tool that gives employees immediate access to an employer-defined revolving line of credit ... to cover out-of-pocket healthcare expenses, interest free.... A recent study ... found that 34% of employees with access to an HPA would consider switching to a plan with lower premiums.... [In] one case study ... 40% of employees opted into an HSA-qualified health plan when an HPA was offered alongside it." MORE >> |
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