Leveraging HSAs to Help Your Staff Manage Health Care Costs
| posted in Blog, NewsletterWith the COVID-19 pandemic weighing on employers and employees alike, businesses can help their staff by leveraging health savings accounts to pay for out-of-pocket expenses. With increased flexibility from recent changes, more employees may see benefit from using an HSA. In 2020 congress untethered HSAs and flexible spending accounts by changing the rules that prohibited account holders from using the funds in their accounts for over-the-counter medicines and other non-prescription health products and services. That change, which is permanent, was done through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. HSAs are a great option to help employees save…
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