29: Health Savings Accounts
Cool employers offer health savings accounts! Health Savings Accounts were created in 2003 so that individuals covered by high-deductible health plans could receive tax-preferred treatment of money saved for medical expenses. These underutilized accounts have fantastic benefits to your employees. What is a Health Savings Account? A bank account that your employees own where they…
About the author, Thomas
I have 20 of years insurance industry experience in C-level management, focusing on all aspects of workers compensation, risk management, loss control, employee benefits, HR, payroll and professional employer organization (“PEO”) operations. Currently, I am the owner and CEO of Humanly HR, and founder and host of SmallBiz Brainiac; a podcast providing employer intelligence to small business owners.