Employees are busy. You are busy. Why would you add a health benefit that requires more time? The most likely explanation is that new benefits will save your company or your employees’ money. A health savings account (HSA) does both.
Tag: health savings account
Perhaps the only decisions more personal than health decisions are the financial ones – How much should I save? Where should I save? Where can I find help if I need it? These are big questions and deserve attention. Your choices create options after only a few years and become life-altering over a career.
Signing up for Medicare can have a significant impact on your healthcare coverage and HSA benefits. You don’t want to be stuck with limited coverage (and high out-of-pocket costs) or having an IRS tax liability at the end of the year.
Health Savings Account (HSA) tax advantages are direct and clear. HSA contributions are tax-deductible, earn tax-free interest and are eligible for tax-free withdrawals (for qualified medical expenses) which means you can use tax-free money from your HSA to pay for health expenses. But should you be using an HSA?
The challenge of creating a balanced offering for employers in an expensive health benefits landscape leave many of us feeling short on options. However, by coupling health benefits together we can help alleviate the ever growing conflict between costs and benefits.
Summer is officially here. A heatwave has swept across the US and BBQs are ready to get fired up for a truly American weekend of grilling, fireworks, and gluttony. Feels like a weird time to talk about your HSA doesn’t it?
“Summer, Sunscreen & Your HSA: Qualified HSA expenses”
This is a continuation of our recent series about all things HSAs. If you need to get caught up, check out What is an HSA and What are the benefits of an HSA?. Using an HSA can be a simple 1-2-3 process if you know the right sequence. Let us show you the easiest way to get an HSA working for you.
The US Senate released the full details of the 2017 Better Care Reconciliation Act that they have been working on, in private, for the last few weeks. This bill is in response to House Bill, H.R.1628 – American Health Care Act of 2017, that passed the House on May 4, 2017. There are key changes to both the House bill and Obamacare (The Affordable Care Act). Let us break it down for you.
HSA benefits are not only measured in financial gain, but also in the unique ability to create flexibility in a stringent healthcare market. With an HSA, you can save for today and tomorrow.
At Lively, we live and breathe all things health accounts and HSA related, but you might not and why should you, you have better things to do! We want to help you save time, so let us give you the simple and straight forward details regarding HSAs (health savings accounts).
Time, money and employee productivity – three things that drive your business profitability but are often underperforming. See how HSA benefits can improve all three, and even pay for perks like employee massages.
Employee benefits account for nearly one-third of total employee compensation. That’s a big slice of the pie. So, if you make the decisions for your company’s benefits package, you want to clearly understand your options.
And your health insurance is not your health savings account (HSA).
High-Deductible Health Plans (HDHP) can be like the monster under the bed. You need one to qualify for a Health Savings Account (HSA), and the much lower premium is great. However, if you don’t know how to manage your HDHP, it could be very scary.
Are you worried about the future of your healthcare coverage? The talk surrounding the repeal and replacement of the Affordable Care Act (ACA or also referred to as Obamacare) has many people concerned. How does it affect your own coverage?
Remember the days when you only paid $10 or $20 copayments for healthcare? If you don’t, your parents probably do. Employers picked up a big chunk of medical coverage expenses and health insurance plans. Then the bottom fell out.
We are excited to announce that Lively’s HSA platform is now live for employers and individuals. Anyone who has a High Deductible Health Plan can now come to livelyme.com and sign-up to the Lively HSA. Employers can sign-up to easily administer an HSA for their employees and individuals can sign-up for a free HSA for themselves and their families.
Do you have a Health Savings Account (HSA)? Or maybe you are thinking about getting one? How would you like to test your knowledge about HSAs? Here are a few Health Savings Accounts tips that may have escaped your detection.
“5 Twists On Health Savings Accounts You May Not Know”
Millennials get a bad rap. It seems everyone has an opinion about the largest generation, and much of it stumbles into stereotypes.
“Listen Up Millennials! You Need To Know About Health Savings Accounts”
Here we are in mid-November, having just elected Donald J. Trump as president of the United States.
“Open Enrollment Decisions — A Consumer’s Dilemma (Or Is It?)”