Open enrollment cheat sheet: The pros and cons of FSA, HSA, and HRA pre-tax benefits

Published 8 Min Read

[Image credit: Bloomberg]

Choosing the right health insurance plan can feel like a gamble. But with the right insight and guidance, it doesn’t have to be.

Nearly half of the U.S. population receives health insurance from their employer, and every year workers decide on what employer-provided plan is the optimal fit. They find themselves weighing multiple factors, like lower premiums for higher deductibles and a limited range of in-network providers, or higher premiums for lower deductibles and expansive access. What can be especially daunting is choosing the right accompanying health benefits accounts, which can seem like a stream of indecipherable acronyms. 

Deanna Cuadra
Senior Reporter

Deanna Cuadra is a senior reporter at Employee Benefit News. Her work covers healthcare, U.S. policy and reform, challenges faced by women and parents in the workplace and innovation in work culture … Read full bio


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