Remove Download Remove Flexible Spending Account Remove Health Savings Account
article thumbnail

Start your new benefits plan year off right with these 8 tips

WEX Inc.

In fact, staying on top of your health savings account (HSA) , flexible spending account (FSA) , or any other plan you signed up for throughout the year can pay off for you. Download our app A variety of day-to-day expenses are eligible for your HSA and FSA funds, including over-the-counter expenses.

article thumbnail

HRA vs. HSA vs. FSA comparison chart

PeopleKeep

One way small employers can avoid high insurance costs while still offering a formal health benefit to recruit and retain top talent is an account-based health plan (ABHP). In fact, Willis Towers Watson’s Best Practices in Health Care survey reports 84% of employers offered an ABHP in 2019.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FSA vs. HSA: Which camp are you?

Benefit Resource Inc.

For a long time, I believed you were either for Health Savings Accounts (HSAs) or you were for Flexible Spending Accounts (FSAs), but you couldn’t be for both. To learn more about FSAs and HSAs, download our account comparison chart. The post FSA vs. HSA: Which camp are you?

article thumbnail

Start your new benefits plan year off right with these 8 tips

WEX Inc.

In fact, staying on top of your health savings account (HSA) , flexible spending account (FSA) , or any other plan you signed up for throughout the year can pay off for you. Download our app A variety of day-to-day expenses are eligible for your HSA and FSA funds, including over-the-counter expenses.

article thumbnail

5 ways to alleviate your employees' hesitations with choosing in an FSA

WEX Inc.

Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. Consider offering tools that estimate potential savings based on different expense levels, showcasing the value of even minor contributions to an FSA. Download now!

article thumbnail

How to be an employer of choice – even in uncertain times

Insperity

This can look like: Using well-known carriers for the health insurance options you sponsor Contributing to a health savings account or flexible spending account for employees Offering an employee assistance program (EAP) Matching a percentage of employee retirement plan contributions.

article thumbnail

Eenie meenie miney mo – Which account should I choose?

Benefit Resource Inc.

The specific account options you have will vary based on plans offered by your employer. Several of the most common accounts are listed here. Please be sure to download the cheat sheets for answers to all four questions. There are no specific health insurance requirements to have a Medical FSA. Health Savings Account.