Health Spending Accounts

A Health Spending Account can be an addition to a benefit plan, or it can fully replace the extended health care or dental portion of a benefit plan, depending on the employee’s claiming needs.

With a Health Spending Account, the employer allocates a certain amount of money per calendar year that they would like to provide to the employees for their extended health and dental claims. The business is only charged when a claim is produced, which is great for monthly cost saving purposes over the long-term.

Health Spending Accounts can fill gaps where a benefit plan is limited, so HSAs complement a benefit plan very nicely!

Please reach out to us for questions about Health Spending Accounts and their advantages for your business!