Category Archives for Blog

Tips to Help You Become a Better Healthcare Consumer

What is a healthcare consumer? For many people, the term patient comes to mind. The terms are nearly synonymous, but there are some slight differences – mainly cost considerations and amount of involvement.

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Health and Wellness Holiday Tips to Help Maximize FSA and HSA Benefits in 2018

It’s the holiday season and we all know what that means. Many of us are letting loose, shopping, cleaning the house, preparing rich, delicious foods for get-togethers. Not only are we trying to enjoy

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“When Can I Open an HSA?” and other HSA FAQs

When people learn about Health Savings Accounts (HSAs), they have a lot of questions. One of the most frequently asked questions (FAQs) about HSAs is, “When can I open an HSA?” I have an answer

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FAQ: Can I have an FSA and HSA at the same time?

For Health Savings Account (HSA) owners, a common question is, “Can I have an FSA and HSA at the same time?” Generally speaking, you cannot have a health Flexible Spending Account (FSA) and

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5 Reasons You Should Sign Up for a Benefits Debit Card

If your company sponsors Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), Health Savings Accounts (HSAs) or Transit/Commuter benefit accounts, you may be given the option

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HSA Contributions, Distributions, and Penalties

For those people who are enrolled in a high deductible healthcare plan (HDHP), you either own a Health Savings Account (HSA) or hopefully are considering one. HSAs provide participants with several significant

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2018 FSA Contribution Limits, Transportation and QSEHRA Benefit Increases

The Internal Revenue Service (IRS) recently published the updated 2018 contribution limits for health Flexible Spending Accounts (FSAs), Transportation benefits, and Qualified Small Employer Health Reimbursement

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Dependent Care Assistance Plan (DCAP) – Eligibility, Expenses, and More!

Hey, parents! Let’s talk about Dependent Care Flexible Spending Accounts, also known as a Dependent Care Assistance Plan (DCAP). I’ll cover contribution limits, dependent requirements, eligible

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Which is Better: an FSA or HSA?

A common question people ask at enrollment meetings is Which is better: an FSA or HSA? The answer to this question is not as simple as it seems. The two accounts are very similar, but they have some

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How Much Should I Put In My FSA? (Or HSA?)

Enrollment season is here which means you’re probably wondering, “How much should I put in my FSA?” or “How much should I contribute to my HSA?” Budgeting for medical

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2018 HSA Contribution Limits, Minimum Deductibles, and Out-of-Pocket Expenses

HSA owners, rejoice! 2018 HSA contribution limits are going up, as are maximum out-of-pocket expenses and minimum deductibles. Here’s a quick overview and chart of the 2018 HSA parameters.  On May

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FSA, HRA, HSA Benefits Debit Card – Convenient and Secure

Card payments are part of everyday life. No matter where you go – doctors’ offices, pharmacies, grocery stores, retail shops, taxis, subway stations, and more – you can use a credit or

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9 FSA Eligible Expenses You May Not Know About

With a healthcare FSA, your pre-tax money covers a wide range of common medical expenses. These include doctor visits, surgery and other medical procedures, prescription medicines, as well as dental and

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HRA Overview: Contributions, Qualified Expenses, Portability and More

Health Reimbursement Arrangements (HRAs) are employer-sponsored benefit plans that allow employees to withdraw tax-free money to pay for qualified medical expenses. This HRA overview provides valuable

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