What Is Healthcare Gap Insurance & How Does It Compare with HSA

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What Is Healthcare Gap Insurance & How Does It Compare with HSA

Mar, 11th 2017

In today’s competitive marketplace, companies offer their employees an exceedingly wide array of benefits. After all, benefits play a key role in attracting and retaining employees. Some employers choose to focus on the basics: health and dental, paid vacation and sick leave, medical and dental insurance, funding for a retirement plan, while other companies provide more specialized benefits: sabbaticals and tuition reimbursement.

Regardless of what benefits package a company decides to offer, healthcare insurance is generally at its core. However, with insurance costs increasingly escalating, companies are grappling with ways to continue to provide this ultra-important benefit without breaking the bank. As a result, many have shifted at least part of the cost burden to employees, often by offering a High Deductible Health Plan (HDHP)....

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