Employer Savings Calculator

The Benefits of an HSA

(in convenient bullet-point summary form):

For Employers:

• Reduced premiums through HDHP
• Offer better benefits for employee recruitment and retention
• Additional FICA tax savings (7.65A%) on all employee and employer HSA contributions
• With employees in control of their healthcare spending (what industry folks call “consumer-driven” or “consumer directed” healthcare), employees become empowered to make smarter, more proactive decisions about their health.

For Employees:

• An individually-owned savings vehicle for healthcare expenses
• Reduced federal, state, and local income taxes on all HSA contributions, qualified distributions, and earnings
• Additional FICA tax savings (7.65%) on payroll-deducted contributions
• Lower insurance premiums with accompanying High Deductible Health Plan
• Outstanding coverage against serious illness or injury
• Unrivaled choice and control in how to spend healthcare dollars