In this article we’ll cover some of the basics of what an HSA beneficiary is and why it’s a good idea to designate one as part of a secure and well-rounded financial future.
With a health care payment card, users can easily access funds from health savings accounts (HSAs), flexible spending accounts (FSAs), or health reimbursement arrangements (HRAs) without having to pay out-of-pocket and seek reimbursement later. It’s similar to a debit card, as it’s a fast and convenient way to pay for medical expenses. Learn how both employees and employers can reap the benefits when these cards are offered.
On March 26 the Internal Revenue Service (IRS) released IRS Announcement 2021-7, which states that personal protective equipment such as masks, hand sanitizer, and sanitizing wipes that are purchased “for the primary purpose of preventing the spread of COVID-19” (COVID-19 PPE) are qualified medical expenses under Section 213(d) of the Code.
In this article, we cover what employers and HR reps should consider when determining if a traditional or high deductible health plan (or a combination or both) would be best for their organization.
We all start a new year with the best of intentions—exercise more, eat better, get a restful night’s sleep…or maybe even save money. By now, you may already need to renew those resolutions. If you’re looking to make the most of your health savings account (HSA) this year, here are five HSA tips that will help you prioritize your health to wealth strategy and make the rest of your year healthier, calmer, and perhaps even more…predictable!
The news of the COVID-19 vaccines has everyone crossing their fingers and hoping there may be an end in sight to the pandemic. That said, we still have to get through the winter months with the normal cold and flu season kicking into high gear. On the bright side, you can create a COVID-19 tool kit for your home using your tax-advantaged flexible spending account (FSA) or health savings account (HSA)!
If you have a health savings account (HSA) and taxes to file this 2021 tax season, this guide is for you. Learn about HSA tax responsibility and which IRS forms you may need to correctly file your tax return with an HSA.
An HSA is a special savings account that lets you pay for medical, dental, and vision expenses or save and invest that money tax-free. It’s like a 401(k) for health care—a tax-advantaged account you can use today or save for later. Here’s what you need to know about Individual Health Savings Accounts (HSAs) to decide if it’s right for you!
To cater to every learner, ConnectYourCare works to create content that serves a range of needs. To start the new year, we reviewed some of the most common learning styles and the benefits education resources we’ve created for each. Use these to brush up on your own knowledge or share with clients and members to give them a better understanding of the benefits available to them.
ConnectYourCare had four award-winning entries selected in the 22nd annual Digital Health Awards® program. This competition—held twice a year by The Health Information Resource Center℠—recognizes the world’s best digital health resources.