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Top 10 Reasons No One is Using Your HSA
- 1. Top 10 Reasons No One is Using Your HSA Austen Trimble, VP of Sales austen@firstdollar.com
- 2. Reason #10 They don’t know you can use your HSA to buy a jetski
- 3. Reason #9 They picked the wrong plan
- 4. Reason #8 The company doesn’t contribute
- 5. Reason #7 They lost the debit card
- 6. Reason #6 They didn’t read the welcome email
- 7. Reason #5 They don’t have a time machine
- 8. Reason #4 The PPO plan is too rich
- 9. Reason #3 No one told them they could invest in gamestop with the HSA
- 10. Reason #2 They don’t know what they can use it on
Editor's Notes
- A lot of people see the words “high deductible” and run for the hills immediately. The fact is that these plans can be great for a wide variety of individuals and
- They don’t have a time machine so they can go back to the 90’s and learn how to use the old tech that current HSA provider uses. Have you logged into your HSA account online recently?
- I’m sure everyone here remembers the big Gamestop stock craze this year, and I’m using it as a funny way to highlight the poor investment options available through many existing HSA’s. The truth is that you can invest your HSA in basically anything on the stock market, and your HSA provider should give you great access to invest with little to no additional fees.
- All jokes aside, 43% of HSA eligible Americans DO NOT currently have an HSA. That’s crazy. Why would you even bother to have a high deductible insurance plan without an HSA. This reflects a massive education gap when it comes to the HSA, and our mission at First Dollar is to be the HSA your team will actually use. We get this done by taking ownership of the education and onboarding process for your team. Come see us at booth 43 or have a drink on us tonight at the Eplex. Thank you!