Remove Health Savings Account Remove Out of Pocket Cost Remove Take Home Pay
article thumbnail

Having a Baby? Use Your Pre-Tax Funds to Save

Benefit Resource Inc.

Even with health insurance, labor and delivery can cost around $5,000, and without insurance, it can be upwards of $40,000. Fortunately, one great way to help with out-of-pocket costs is utilizing a Health Savings Account (HSA). Let’s Start from the Beginning.

Taxes 72
article thumbnail

How to Choose a Health Care Plan

Insperity

Boyle advises that before you start shopping, you need to determine how much money you’re willing and able to spend on your health care plan. Employees aren’t going to opt in to a medical plan that cuts far into their take-home pay. Low co-pays and prescription costs usually result in higher premiums.