Groups that currently have traditional health insurance can often save 30% to 40% with the HRA plan. The HRA, or Health Reimbursement Account has been around for a couple of years now, however the benefits are not widely known. It is a way to self fund some of the smaller expenses and reimburse the employee [...]
Posts Tagged ‘Health Savings Account’
Benefits Of A Health Savings Account
December 19th, 2009
admin The health savings account is a relatively new tax-savings vehicle, but it’s one that makes a whole lot of sense. Learning to navigate this new option and understanding its benefits really can help people save a ton of money when unexpected medical expenses arrive.Health savings account plans tend to come in two basic forms – [...]
Traditional Health Insurance Versus a Health Savings Account
December 13th, 2009
admin Consumers frequently inquire about the difference between these plans. Most understand the basics of traditional health insurance, but many do not understand the nuances of a Health Savings Account – or HSA.What is a Health Savings Account?The easiest way to explain the difference may be to clarify what health savings accounts are not. They are [...]
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