Reduced Premiums—You can reduce your insurance premiums substantially by switching to an HSA-qualified high-deductible health plan.
Lower Fixed Costs of Health Insurance Plan—2 Components of the plan; premium and account funding can be decided independently, and reviewed annually
Deliver more Benefit Dollars to Employees—Instead of paying 100% of insurance dollars to a carrier, you can deliver some of those dollars directly to employees by funding the account.
Provide Incentives to Employees to Get Involved with Healthcare Decisions—By re-allocating insurance premium dollars to individual accounts, individuals have incentives to get involved with the process and get the biggest bang for their buck.
Tax savings—Your contributions to the HSA are made with pre-tax dollars.
What is an HSA?
Why an HSA?
Who is eligible for an HSA?
Is an HSA right for everyone?
Do I need a certain type of Insurance Plan?
Do I need a certain type of account?
Employer Benefits of HSA Plans
Employee Benefits of HSA Plans
HSA Tax Treatment
Tax Treatment: Inviduals
Tax Treatment: Employer Contributions
How are Distributions Taxed?
Who May Contribute?
How much may be contributed to an HSA in calendar year 2006?
Tax Treatment of Contributions
What are catch up Contributions?
What are “Qualified Medical Expenses?”
Are health insurance premiums qualified medical expenses?
How are claims adjudicated and processed?
Send this page to a friend
Send Summary Overview to a friend
Have some experience with HSAs you'd care to share?