The flexibility of an HSA can soften the impact of employee cost-sharing. There are no renewals, reserves or inflation factors to contend with. Flexibility and control for plan members translates into employee satisfaction and hopefully loyalty. Because dollars in an HSA are limited, employees are more accountable and are motivated to spend wisely. It reimburses expenses for a wider range of dependents.
Employees have more flexibility and control than with conventional health and dental plans.
The real employee advantage, however, comes from being able to pay for items that are excluded or limited under a conventional plan. Insurance premiums paid by the employee or the individual's spouse for private health and dental plans. Cosmetic medical and dental treatment. Drugs for conditions sometimes excluded under conventional plans such as erectile dysfunction, fertility, obesity and hair loss. Laser eye surgery.