Health insurance and employee benefits for the automotive, road, fuel and related industries.

How Does a Health Savings Account (HSA) Work?

Consumer Driven Health Plans (CDHP) with Health Savings Accounts (HSAs) are health plans with a tax-favored savings account created for the purpose of paying medical expenses. An HSA works in conjunction with high deductible health insurance. Your HSA dollars [...]

2018-09-04T00:20:40+00:00June 15th, 2017|

IRS Sets 2016 Health Savings Account Contribution Limits

Last week, the IRS set the 2016 Health Savings Account contribution limits. While we don't usually associate the IRS with good news, they announced that they are raising the maximum allowable contribution to a family HSA account by $100 [...]

2018-09-04T01:40:40+00:00May 20th, 2015|