The evidence of rising health care costs is everywhere. A report from the AARP showed that the prices of brand name prescription drugs have recently grown at nearly four times the rate of inflation. Not only are health care costs rising across the board, they are increasing at accelerated rates, according to the S&P Healthcare Economic Indices. As many benefit professionals know, companies have increased cost-sharing and employee contributions for this upcoming open enrollment. FSAs offer employees who are frustrated with their out-of-pocket expenses a way to take control and keep costs down. Open enrollment is a key opportunity to explain why employees shouldn’t overlook pre-tax accounts as a great cost-cutting tool. For the full article click here.