Health Savings Accounts: More Time, Less Money

The effort involved in opting for HSAs over traditional insurance keeps most employees from choosing them, but those who do can really save

When Tom Billet tore his Achilles tendon one weekend last August, he knew better than to go to the local emergency room in Westchester County, N.Y., where the cost of an X-ray and examination would run about $850. Instead, Billet went to a nearby urgent care center to have his injury looked at. Total savings? $360.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.