Health Savings Accounts (HSA)

If your employees are covered by a high-deductible health plan, then a tax-advantaged Health Savings Account will be an added benefit to them. Health Savings Accounts, usually referred to as HSAs, are accounts set up to pay for medical care including dental and vision and allow you to build up savings to pay for future medical expenses. HSAs are available in conjunction with a qualified high-deductible health insurance plan.

Bene-Care offers a Health Savings Account solution that will fit your employees’ needs and help them budget:

• No application fee
• Outstanding interest rates paid
• Monthly fee is waived for the first 90 days
• Low monthly account fee
• Free HSA Visa® Debit Card for easy account access, with up to $1,500 per day for point-of-sale purchases
• Convenient ways to make deposits
• Full online account access
• Low monthly fee deducted directly from your account
• Free first order of checks
• FDIC insured

Your employees are not obligated to use the money that they contribute to their HSA each calendar year. The money can remain in the account and earn interest until they need it—whether that’s next month, next year, or in 10 years. At the age of 65, the account can continue to be used for medical expenses or as retirement savings.

To find out which products are eligible for purchase under your Health Savings Account, please click on the link below to review or purchase.

*Please Note: FSA and HSA-eligible products follow the same IRS 213d eligible expense list*