Finding ways to offer affordable health benefits to your employees is a persistent challenge as costs continue to rise. Help your employees save on out-of-pocket health care expenses with a Health Savings Account (HSA) from isolved Benefit Services.
With an HSA, employees have the flexibility to set aside pre-tax income to cover qualified medical expenses. Designed to complement a high deductible health plan (HDHP), HSAs are a simple way to mitigate healthcare costs, while you enjoy tax-advantages.
isolved HSA Administration helps…
Offer your employees who do not participate in a high deductible health plan (HDHP) the ability to contribute pre-tax money to employer-sponsored flexible spending accounts (FSAs). FSAs are an easy bridge to creating a culture focused on wellness, with tax-advantages at the employer and employee level.
isolved FSA Administration helps…
Health Reimbursement Arrangements (HRAs) come in many shapes and sizes. When an employer promises to reimburse employer-defined, eligible, out-of-pocket medical expenses incurred by their employee or their employee’s dependents, many iterations can result. And they do.
While most employers use an HRA to offset their employees’ higher deductible, some use HRAs as a stand-alone dental, vision or retiree plan. And depending on how an HRA is used, there are requirements to adhere to.
isolved HRA Administration helps…
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