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Healthcare Medical Savings Accounts

Understand Your Spending Power: What You Can Buy with Your FSA, HSA, or HRA

Medical expense accounts can help you save on all kinds of healthcare costs. Here are some you may not know about yet. HSA, FSA, and HRA can typically be used for: Medical expenses: Doctor visits, surgeries, prescriptions, dental and vision care, and mental health services. Over-the-counter (OTC) medications: Many OTC medications, including pain relievers, allergy […]

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Custom Content Medical Savings Accounts Uncategorized

Navigating the Alphabet Soup: HRAs, HSAs, and FSAs Explained

Managing healthcare costs can feel like deciphering a complex code. Three acronyms frequently pop up: HSAs, HRAs, and FSAs. But what exactly do they mean, and which one is right for you? Let’s break down these accounts and explore how they can help you save on qualified medical expenses. Understanding the Accounts: Health Savings Accounts […]

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Custom Content Employee Benefits

Benefits 101: What is an HSA?

Are you the type of person who loves to save money?  You’ll be happy to know that there’s a way to do so with your health care costs.  It starts with medical expense accounts which let you set aside money to pay for certain health products and services.  One type of medical expense account is […]

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Zywave

Benefits Buzz June 2023

HSA/HDHP Limits Increase for 2024 On May 16, 2023, the IRS released Revenue Procedure 2023-23 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2024. The IRS is required to publish these limits by June 1 of each year. These limits include: The maximum HSA contribution limit […]

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