Health Reimbursement Arrangements (HRAs) are a key part of consumer directed healthcare and employer-sponsored benefits. In recent years, HRAs have had renewed interest from both employers and workers
Continue reading“All you need is love …” We’ve all heard that before, but is it really true? Fact is, being in a loving relationship provides all sorts of health benefits. Fewer doctor’s visits, less depression
Continue readingThe cost of healthcare is no laughing matter. In 2019, workers paid an average of $6,015 towards their health coverage, and the average annual out-of-pocket cost in the United States was $1,150 per person!
Continue readingWhen you have a Health Savings Account, you can also sign up for a Limited Purpose Flexible Spending Account (LPFSA). Having both accounts is a great way to save even more on taxes and cover those necessary
Continue readingWith just a few days before the end of the year, Flexible Spending Account (FSA) owners may need to spend down their balances. Due to use it or lose it (and even if you have the $550 carryover), losing
Continue readingEvery year, Health Savings Account (HSA) owners have to figure out how they’ll fund their accounts. If the HSA is through their employer, they can make pre-tax contributions each pay period. But did
Continue readingWith the average American household spending $5,000 per person in healthcare expenses each year, it’s no surprise that Flexible Spending Accounts (FSAs) are so popular. In 2016, nearly half of
Continue readingCommuting to and from work can be quite costly. While most people don’t give a lot of thought to the costs of commuting as they do to health or child care, it can add up. Between daily tickets for
Continue readingHealthcare benefits accounts can be confusing. On first glance, Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), and Health Savings Accounts (HSAs) look very similar. However,
Continue readingGeneration Z – you’re young, you’re healthy, and you’re starting to make your presence felt in the workplace. But during benefits enrollment, you may feel overwhelmed. Don’t worry, because you
Continue readingHealth Reimbursement Arrangements (HRAs) – An Overview If your company offers a Health Reimbursement Arrangement (HRA), then you need to know what that means for you. An HRA is an employer-sponsored
Continue readingFor millions of people across the U.S., enrollment season is right around the corner. Each Fall, companies set aside a period of two to three weeks to allow employees to pick and choose which benefits
Continue readingAttention, Health Savings Account (HSA) owners! Growing your HSA may seem challenging, but it’s possible. Check out these tips for building your HSA from the ground up. What is an HSA? For people
Continue readingAugust is here, which means the school year has just begun (or is about to begin) for students across the country. If you have a Flexible Spending Account (FSA) or Health Savings Account (HSA), you can
Continue readingIn June, the IRS announced two new employee healthcare benefit accounts: the Individual Coverage HRA (ICHRA) and the Excepted Benefit HRA (EBHRA). This is pretty big news for businesses and employees!
Continue readingSummer is in full swing across the country! The sun is out, the weather is warm, and everybody is getting outdoors. Whether you’re looking to have fun at the beach, hang out by the pool, go camping,
Continue readingPost-Traumatic Stress Disorder, also known as PTSD, is a common condition suffered by millions of people. PTSD affects approximately 3.5 percent of all adults in the United States; it is also estimated
Continue readingAs enrollment in high deductible health plans grows, so does the number of people with a Health Savings Account (HSA). HSAs are great for saving money on taxes and healthcare expenses. Plus, the HSA is
Continue readingEarlier this year, Amazon.com announced it will now accept pre-tax healthcare benefits cards as a form of payment. The giant online retailer joins other companies, like FSAStore.com, HSAStore.com, and
Continue readingMay is Mental Health Awareness Month, making it a great time to talk about this sensitive subject (October 10 is World Mental Health Day). There is a lot of stigma around mental health, but according
Continue readingIt’s no secret – using a debit (or credit) card is super convenient. You can use them just about anywhere and for just about anything. Grocery stores, pharmacies, gas stations, clothing shops, doctors’
Continue readingIf you receive healthcare benefits from your employer, you should have access to a Summary Plan Description (SPD). In a nutshell, the SPD provides important details about your company’s benefits
Continue readingIs this the stuff of nightmares? 25 percent of adults in the U.S. report poor sleep health. While it may not seem scary on the surface, a lack of good sleep can be detrimental to your overall health and
Continue readingFebruary is American Heart Month, which is pretty convenient with Valentine’s Day falling right in the middle. With that in mind, I have researched some facts about heart disease, risk factors, and
Continue readingFlexible Spending Accounts (FSAs) – if you signed up for one, chances are you’ve heard a few terms that you may or may not be familiar with. FSAs are great tools for helping you save money
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