What is a Health Savings Account (HSA)?

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Many factors go into employees choosing the right health plan for themselves and their families. Health savings accounts (HSAs) are tax-advantaged savings accounts that accompany high deductible health plans (HDHPs). Dollars from the account can help pay for eligible medical expenses not covered by an insurance plan, including the deductible, coinsurance and more. They are a great way to save money and efficiently pay for medical expenses. How do employees know if an HSA is right for them?

This HSA employee guide provides details on what an HSA is, how it works, and the benefits of having one. It also includes a few HSA case studies to clarify how an HSA could benefit people in various life stages and circumstances. It is a great resource to provide your employees on health savings accounts.

Are you introducing health savings accounts to your workforce? We’ve got you covered with a HSA introduction presentation.

Download a copy of the HSA guide and HSA introduction presentation today. For additional resources regarding health savings accounts or more information about employee benefits, our services and products, please contact HANYS Benefit Services by email or by calling (518) 431-7735.

This HSA employee guide and HSA introduction employee presentation is not intended to be exhaustive nor should any discussion or opinions be construed as professional advice. © 2022 Zywave, Inc. All rights reserved.

COVID-19: Retirement and Benefit Plan Resources

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