Employee Enrollments Health Savings Account IT Taxes 
InterWest Insurance Services
FEBRUARY 20, 2024
With more than half of all private sector employees enrolled in high-deductible health plans , it’s important that employers have in place certain protocols to ensure that they are a success. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses.
WEX Inc.
MAY 8, 2023
More employees are enrolling in a high-deductible health plan (HDHP) each year, including more than half of U.S. But there are still misunderstandings that exist among employees about the significant value of an HDHP (or HSA-eligible health plan) and how it compares to a traditional health plan.
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InterWest Insurance Services
JANUARY 17, 2023
How Medicare eligibility affects health savings accounts. Discontinuing group health coverage. If you plan to discontinue coverage for employees who are turning 65, you should communicate with them well ahead of the time they need to sign up for Medicare. The group health insurance is the secondary payer.
InterWest Insurance Services
JANUARY 18, 2024
With more than half of all private sector employees enrolled in high-deductible health plans , it’s important that employers have in place certain protocols to ensure that they are a success. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses.
InterWest Insurance Services
NOVEMBER 10, 2022
One of the most difficult aspects of annual open enrollment is reaching workers who are disengaged from the process and never bother signing up for your group health plan and other benefits they could take advantage of. Also consider that one in three employees are uncertain about their ability to cover future health care expenses.
Benefit Resource Inc.
JUNE 1, 2023
In fact, an overwhelming 95% of the public believes that making health care costs more transparent to patients should be a priority for Congress. The Kaiser report notes “Worries about rising prices are widespread among the public and health care costs are no exception. You also still receive a tax write off.
Corporate Synergies
AUGUST 6, 2018
Educate employees on how to use these funds for current and future healthcare expenses. Health savings accounts can be a good deal for employees. Employers that have gone the HDHP route typically offer a qualified plan that includes a health savings account to help pay for qualifying medical expenses tax-free.
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