Remove Deductible Remove Healthcare Benefits Remove Out of Pocket Cost
article thumbnail

How to tell if your HDHP is HSA-qualified

PeopleKeep

Employers offering a high deductible health plan (HDHP) have several ways to offset the higher out-of-pocket costs and make the benefit more meaningful for employees. One way is to offer a health savings account (HSA) alongside the HDHP. So how do you know if your HDHP is HSA-qualified?

article thumbnail

Navigating HSAs and the Health, Wealth, and Wellness Triangle

Benefit Resource Inc.

HSAs enable employees to save pre-tax dollars for qualified medical expenses, including deductibles, copayments, and other out-of-pocket costs. This triple tax benefit not only stretches employees’ healthcare dollars further but also serves as a valuable financial planning tool.

article thumbnail

How to Help Employees Prepare for Open Enrollment 2020

Best Money Moves

It’s unfortunate employees are rushing benefits decisions, especially when employers are taking a more active role in driving down healthcare costs. What can employers do to help employees better understand how different health insurance plans affect out-of-pocket costs for healthcare?