One sign that health savings accounts (HSAs) promote effective consumerism: an employee who bid out his colonoscopy and then chose to drive 60 miles to save $500 on the procedure.

That example sums up the value of adopting consumer-directed health plans (CDHPs), such as HSAs or health reimbursement arrangements (HRAs), according to presenters at the 24th National Conference on Health, Productivity & Human Capital, on Sept. 15, 2010, in Washington, D.C., an event sponsored by the not-for-profit National Business Group on Health. Continue Reading…