X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Now that open enrollment time is here, many benefits professionals are recommending health savings accounts (HSAs) to their employee base. However, some HR professionals are reluctant to embrace HSAs because of the time-consuming paperwork required to open and manage them, as well as the complex information employees may need to digest in order to make the best possible HSA decisions. Fortunately, those issues are disappearing as new technologies are making HSAs easier, faster, and less complicated than ever before.

HSAs have existed since 2004 with little innovation—but that has begun to change. New administration platforms leverage artificial intelligence (AI) to eliminate complex processes, helping offload many of the tedious, manual tasks required of HR staff. These technologies also give employees real-time information that simplifies benefits offerings, and they individualize guidance on the appropriate steps that specific employees should take based upon their healthcare and financial requirements. This helps employees optimize their benefits.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.