Industry insights

Deliver effective employee outcomes with better benefits literacy

Discover new research linking health plan understanding and employee wellbeing. 

Navigating health plans can feel like a high-stakes game, leaving employees anxious and unsure.


But a 2024 survey of over 600 working Americans highlights a crucial insight: prioritizing benefits literacy is key.


Dive into the research to find out how enhancing benefits understanding may transform health plan selection and what that means for employees’ financial health and employer satisfaction.

More enrollment confidence
in employees with excellent benefits understanding than those with poor understanding.1

What's inside:

Employees’ biggest challenges when
choosing a health plan

Why poor benefits understanding prevents employees from selecting HSA-qualified plans

The role of benefits literacy in reducing
stress and managing healthcare costs

How benefits understanding is linked to
job satisfaction

“Even though HSAs are not new, more education is needed. We want everyone to understand their options and feel confident about the benefits they elect for the coming year.”

- Tene Raymond, HealthEquity Director Consumer Engagement

HealthEquity benefits literacy study, 2024.  

Copyright © 2024 HealthEquity, Inc. All rights reserved.