WEX Study Finds Improved Perception of Health Savings Accounts and Telemedicine Amid Pandemic
Summary
This year, WEX deepened the study to further capture a picture of how the global pandemic has impacted consumer sentiment about healthcare benefits. In June, WEX performed another survey and learned that the pandemic has prompted a sea change in the value placed on healthcare benefits. • The pandemic has gotten consumers thinking about enrolling in benefits through which they can proactively build savings for unexpected medical expenses and circumstances. The annual education initiative brings the public and the healthcare benefits industry together to discuss the power of HSAs and their ability to impact some of the most prevalent issues Americans face today, such as managing health-related out-of-pocket expenses, preparing for unexpected healthcare costs, and saving for retirement. WEX fleet cards offer 15 million vehicles exceptional payment security and control; purchase volume in travel and corporate solutions grew to approximately $40 billion in 2019; and the WEX Health financial technology platform helps 390,000 employers and more than 32 million consumers better manage healthcare expenses.