Healthcare spending ON YOUR TERMS?
And tax-free benefits?
You heard it right!

HEALTH SAVINGS ACCOUNTS

Individual CHOICES for Individual HEALTHCARE…….

By establishing a Health Savings Account (HSA) program (in conjunction with a high-deductible health plan) in your company, you’re allowing your employees to take healthcare back into their own hands and make the decisions that are right for them personally. HSAs let you and your employees take advantage of the following benefits:

• Tax-Free Benefits

  HSAs allow you and your employees to make deductible contributions and accumulate earnings tax free. The distributions are also tax free as long as they are used for qualified medical expenses. Now, that is a win/win benefit you both can enjoy.

• Flexibility in Spending

  HSAs are used to pay for or reimburse qualified medical expenses—from health insurance deductibles and co-payments to certain over-the-counter medications and out-of-pocket expenses—for your employees and their family members.

• Year-to-Year Savings

  You have heard the phrase, “Use it or lose it.” Well, an HSA is not like that at all. HSA balances automatically roll over from year to year, allowing individuals to budget for health expenses and build up savings to cover qualified medical expenses when the need arises.

• Individual Ownership

  An HSA is owned by each individual and is his/her responsibility to maintain.

As you can see, it is to your benefit and your employees’ advantage to offer an HDHP to your employees so they can take advantage of the benefits of an HSA. Please call us or stop in to hear more about it.