Excerpts from The Great Reimagining: Your Opportunity to Reframe the Value of Benefit Spending and Savings Accounts

In this episode of the Perspectives podcast we’ll hear highlights from the presentation The Great Reimagining: Your Opportunity to Reframe the Value of Benefit Spending and Savings Accounts.

In this episode of the Perspectives podcast, sponsored by UMB Healthcare and hosted on Benefits Pro, we’ll hear highlights from the May 11 presentation, The Great Reimagining: Your Opportunity to Reframe the Value of Benefit Spending and Savings Accounts.

As the US returns to pre-pandemic behavior, employers are grappling with an ever-changing business landscape. Unemployment is at record lows, financial markets are in flux, and employees are rethinking how, where—and even if—they want to work going forward. As a result, attracting and retaining top talent is a major challenge for organizations of all sizes.

Most employee benefits are table stakes in the competition for the best and brightest candidates. The great reimagining is a moment to not only demonstrate that you’re hearing what clients want, but also to make sure that their benefits fit into this newly reimagined work world. 

During this episode, Phil Mason, Executive Vice President, COO Institutional Banking, Director of Healthcare Services at UMB Healthcare, and Matt Clarkin, principal and co-found of Access Point HSA, discuss recent employment trends and how benefit spending and savings accounts can help various organizations. Some of the topics covered include:

• Key features and advantages of benefit spending and savings accounts;
• Myths versus facts around what these accounts can and should do;
• What employees need from their benefit accounts and key features and services that employers expect from account vendors. 

The webcast can be found in its entirety on demand at: https://www.benefitspro.com/2022/03/24/the-great-reimagining-your-opportunity-to-reframe-the-value-of-benefit-spending-savings-accounts/