Did You Know? You’ll be surprised by these money-saving facts and figures.
Did you know that an average four person household spends approximately $20,728 on healthcare according to the Milliman Medical Index? For many households, this is a significant share of their income. Did you know that 70% of Americans could use orthodontia—giving us all a great smile! And did you know that you might be able to pay for the above with a Healthcare Flexible Spending Account? These and other surprising facts about employee benefits are the reason why we’ve created a series of infographics to help employees understand how they can take care of themselves and keep more of their hard-earned money.
In this expensive world we live in, every dollar counts. Case in point: a 2014 survey by Money Magazine found that as many as 64% of Americans with a household income of lower than $100,000 are worried about long-term financial security. We’d like to show you ways to help you worry less and save more.
We will keep you “in the know” about all of the ways you can save with benefit programs offered at your company. The money you save by using Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), Commuter Benefit Services and wellness programs can quickly add up, as these programs can be used to purchase sunscreen, prescription allergy medications and other items that might burden your budget.
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With so many ways to save; what are you waiting for? Contact your HR/Benefits specialist to learn more about how Consumer-Directed Benefits can save you serious money.