HSA Employer Contributions that work with Tech

Employer contributions to a Health Savings Account are a valuable way to encourage employees to enroll in a High Deductible Health Plan (HDHP) with an HSA. If your organization is considering offering an HSA with an employer contribution, it is vital that you consider if your benefits administration technology can accommodate the intended contribution strategy. … Continued

How do HRA, HSA and FSA differ when you’re eligible for Medicare?

Does your health insurance policy include a spending account or reimbursement arrangement from which you can pull funds for out-of-pocket healthcare expenses? If so, you most likely have an HSA, Medical FSA, or an HRA attached to your health plan. Below, we’ve broken down each term to clarify the differences between all three. Health Savings … Continued

HSAs: Health Savings Accounts

Health savings accounts (HSAs) are a growing trend in health care. An HSA is a tax-exempt savings account established for the purpose of paying for the qualified medical expenses of an individual and/or his or her spouse and tax dependents. HSAs are designed to provide eligible individuals with the following federal tax benefits: HSA contributions … Continued