New e-book helps health savings account owners manage their funds and maximize savingsHunt Valley, MD, March 10, 2015
ConnectYourCare and John Wiley & Sons, Inc., publisher of the best-selling “For Dummies” book series, partnered to create the new HSAs for Dummies®, ConnectYourCare Special Edition. The new e-book simplifies health savings accounts (HSAs) so that account owners can effectively manage their health care funds and maximize their savings now and for the future.
Despite the fact that HSAs have been on the market for over 10 years now, research shows that consumers still don’t fully understand them. A 2013 Fidelity Investments survey revealed that respondents are unaware of the benefits of their HSAs, even confusing HSAs with a similar pre-tax savings tool — health care flexible spending accounts (FSAs). This lack of understanding directly impacts consumers’ grasp of the value of HSAs and likely hinders the HSA adoption rate. The knowledge gap is particularly acute for the newly insured who need ongoing education about insurance terms, tips on maximizing their benefits and guidance on allocating funds to cover health care expenses.
With this new book, ConnectYourCare expects to shed much needed light on HSAs by eliminating some of the complexity and providing the necessary education in easy-to-understand language. HSA for Dummies, ConnectYourCare Special Edition includes details on how to:
- Pay for health care expenses tax-free using HSA funds
- Maximize health care savings by shopping wisely
- Grow HSA funds through investing
- Use an HSA to save for retirement
“The HSAs for Dummies book was a true collaboration between Wiley and ConnectYourCare,” said Lisa Coleman, Sales Director for Dummies and Custom Solutions at Wiley. “ConnectYourCare has the industry expertise and experience as the nation’s leading HSA administrator to make an otherwise complicated benefit option easy to understand for HSA owners. By combining their knowledge with our ‘For Dummies’ writing style, we produced an extremely useful publication on a very timely subject.”
“Wiley has been a great company to work with. We wanted to simplify the concept of HSAs and this does that and a whole lot more. HSAs for Dummies explains the host of benefits with HSAs and it answers the really important questions about how to save funds long-term or, for when things happen and you need that ‘unexpected safety net’,” said Lauren Kronthal, Chief Marketing Officer at ConnectYourCare. “We are so pleased to share this publication with our clients, their employees and anyone who wants more information about their HSA.”
For more information about HSAs for Dummies, ConnectYourCare Special Edition or to download a copy of the e-book, visit http://connectyourcare.com/our-products/health-savings-account/hsas-for-dummies.
About For Dummies®:
After 20 years, more than 250 million copies printed, and millions of e-books downloaded, For Dummies is the world’s bestselling reference series, well known for enriching people’s lives by making knowledge accessible in a fun and easy way. Loyal customers around the globe agree that For Dummies is “more than a publishing phenomenon…[it is] a sign of the times,” [The New York Times]. With more than 1,800 active topics covering everything from health to history, music to math, sports to self-help, technology to travel, For Dummies is dedicated to Making Everything Easier. The For Dummies brand presence continues to expand wherever there is a need to know, including mobile apps, e-learning courses, a corporate custom publishing program, a robust consumer website, and a licensed product line that includes consumer electronics, culinary, crafts, video, software, musical instrument packs, home improvement, automotive, game, and more. For more information, visit Dummies.com. For Dummies is a branded imprint of Wiley.
As one of the largest and most responsive providers of health care savings accounts, and award-winning solutions, our approach to consumer directed health care is rooted in creating better, more efficient connections among the people who provide benefits, the people accessing services, and the people who deliver services. Blue chip organizations across the country turn to ConnectYourCare for our highly rated customer service and best-in-class member experience, advanced educational tools for better-informed choices, acceleration of savings with ROI efficiencies and simplification of processes with brilliant customer-focused solutions. There is a unique solution for every company and we won’t stop working until we connect you with the perfect one. How can we help ConnectYourCare?