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:
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*