These health insurance tools are helping consumer manage, administrate and select health insurance. They work with employers and other groups to help them with their health insurance offerings.
A health savings account (HSA) is a tax-favored account that works in conjunction with a qualified high-deductible health plan (HDHP), which grants you the ability to save tax-free money for eligible medical expenses.
An HSA is one of the best ways to maximize the value of your HDHP. Even if your employer doesn't offer an HSA (or you are self-employed), you can open one and begin reaping the tax-saving benefits.
Take advantage of the triple-tax benefit of an HSA. No taxes are taken out of the money you contribute to the HSA, the interest you earn, or your withdrawals for eligible medical expenses.
These consumer-oriented healthcare companies are also trying to create fairness in the healthcare marketplace. The healthcare system makes it difficult to find information on quality and cost of care; this hidden information is putting patients at risk. This secrecy puts everyone from consumers to corporations at an unfair disadvantage - leading to gaps in quality of care and much higher costs.