Friday, June 19, 2009

Only 59% of consumers know about HSA's...

NEW YORK, June 3 /PRNewswire/ -- The Guardian Life Insurance Company of America (Guardian), a leading provider of employee benefits for small and mid-sized companies, today announced the results of a comprehensive survey on consumers' attitudes and beliefs regarding healthcare coverage, including health savings accounts (HSAs) and high-deductible health plans (HDHPs).

The Benefits & Behavior: Spotlight on Consumer-Driven Health Plans survey (the survey) revealed that there is still widespread uncertainty about healthcare coverage options. Six years after HSAs were introduced as part of the solution to reducing healthcare costs, only 59% of consumers know about them and more than half of those who are aware do not understand key features of HSAs.

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