Chicago, IL (PRWEB) November 11, 2008 -- HSA Resources, a leading provider of Health Savings Accounts, announces the release of its recent whitepaper, The 3 Biggest Obstacles to Successful Implementation of Consumer Directed Health Plans. This whitepaper identifies the largest challenges employers face in transitioning from a more traditional insurance plan to a consumer directed plan and outlines strategies for overcoming them.
"Consumer directed health care plans provide a great option for employers especially in this era of rising health care costs. However, our experience has shown that many small and mid sized businesses struggle when transitioning to these types of plans. We hope that by identifying the most significant obstacles and outlining some of the strategies that we have seen work for others, ,we can make the transition process smoother for more companies," explained Steve Hansen, co-founder of HSA Resources. "Our experience working with small and mid sized businesses showed that some employers really got it while others struggled and the differences did not appear to be accounted for by industry or workforce. After studying the marketplace and discussing issues with a wide variety of employers and agents we boiled it down to three issues that we believe are central to success."
The white paper covers important issues that are often missed by employers implementing HDHP/HSAs including: Funding the health savings account (HSA), Simplifying the plan set-up and ongoing administration, and Educating employees on an ongoing basis to help them get the most from their HSAs.
"We have worked with some employers that thought they could just offer a financial incentive to entice employees to switch to a high deductible plan but we learned that employees are looking for more. We now recognize that HSA plans require more effort on the employer's part and we want to make sure employers are equipped for success. Hopefully our research will help encourage more employers to successfully make the switch," concluded Mr. Hansen.
The White Paper entitled, The 3 Biggest Obstacles to Successful Implementation of Consumer Directed Health Plans is now available for downloading through HSA Resources website at: White Paper Download