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
