If I Have Insurance, Do I Still Need to Save For Medical Expenses?

Health insurance is an important financial safety net, but it doesn’t cover everything. There are several out-of-pocket costs that you may be responsible for, even if you have health insurance. These costs can include deductibles, copays, coinsurance, and out-of-network services. In addition, health insurance may not cover all the medical care that you need.

hsa saving

Paying for It: The Costs of Debt Leave Americans Sicker and Poorer

Introduction In 2023, the Commonwealth Fund conducted an extensive survey shedding light on the financial burdens that many Americans face when it comes to healthcare expenses. The report, titled “Paying for It: The Costs of Debt Leave Americans Sicker and Poorer – 2023 Affordability Survey,” (released October 2023) reveals the stark reality of healthcare affordability in the United States. In this blog post, we’ll provide a summary of the key findings and implications of this survey.

Woman struggles over medical bills

Already Have Great Benefits? Why Your Organization Should Offer medZERO.

As an employer, you understand the importance of providing your employees with good healthcare benefits. You likely invest a significant amount of money into these benefits, including coverage for medical care, dental, vision, medications, and preventive care. Despite these efforts, your employees may still face high out-of-pocket costs for medical care, which can lead to financial stress and impact their satisfaction and retention.  It’s important to be empathetic and understand that even the best healthcare benefits may not cover all costs, and employees may still need help paying for medical expenses.

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medZERO or a Lifestyle Spending Account. Which is Better for your Employees?

In today’s job market, employers are always looking for new ways to attract and retain top talent. One strategy is to offer a range of benefits that can help employees manage their finances and improve their overall quality of life. Two popular benefits in this area are medZERO and a lifestyle spending account (LSA). In this article, we’ll explore the advantages of each benefit and explain why medZERO may be a better choice for employers looking to support their employees’ healthcare needs.

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