Health Savings Accounts
Health Savings Accounts or HSA is a savings account that allows your employees to put pretax income aside to pay for healthcare expenses that are not usually covered under their health insurance. Employees can also earn tax-free interest on their HSA contributions. Another plus for the health savings plan is that money not used during the year can be rolled into the next year.
As an employer you can add to this benefit by contributing to your employee’s health savings account. This can help you to attract and retain the best employees. What’s more the company contributions are usually tax deductible.
Contact Burnette Insurance for more information about Health Savings Accounts or fill out the above free HSA quote form today!