Do the Math - CDHP + HSA
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Is the CDHP + HSA a good deal? Give your employees the math steps to see for themselves.
Starting with the annual premium, this video gives employees a high-level walk-through of:
- The CDHP premium being less than a PPO and the opportunity to put the money saved in an HSA
- A company contribution
- Employee contributions
- Using the HSA to pay for qualified expenses
- The HSA being likely beneficial even with a log of medical care or prescriptions due to lower monthly cost
- The math steps, not paying taxes and savings growing over time
When and how to use:
Play this video ahead of enrollment, at the start of a plan year or anytime during the year for new hires:
- Post on intranet/portal/microsite
- Link in an email
- Play on digital sign boards
- Show during onboarding and enrollment meetings
Coming soon: a version without the mention of a company contribition to the HSA.
Series: Feed Your Brain