EMPLOYEES
Make your employee healthcare benefits work for you!
Learn more about healthcare spending accounts, childcare accounts, and COBRA benefits.
Flexible Spending Accounts
An FSA, or Flexible Spending Account, is an employer-sponsored benefit account that enables you to set aside money from each paycheck, before taxes, to help pay for IRS-approved, out-of-pocket expenses. Healthcare FSAs cover qualified medical expenses for you and your dependents, and dependent care FSAs cover costs of care for qualified dependents while you are at work or school. Watch this video to learn more about how FSA benefits can help you.
Health Savings Accounts
An HSA is a tax-advantaged benefit account for people enrolled in a high-deductible health plan (HDHP). With HSA benefits, you can make pre-tax contributions each payday in order to pay for IRS-approved eligible expenses for yourself and your dependents. Watch this video to learn more about how HSA benefits can help you.
Health Reimbursement Arrangements
An HRA, or Health Reimbursement Arrangement, is a benefit plan funded by your employer. With HRA benefits, you can be reimbursed tax-free for qualified health expenses. Your employer determines which health expenses are qualified.
COBRA
COBRA enables you to keep healthcare coverage under your employer’s group plan after a loss of coverage due to qualifying events including job loss, reduced work hours, divorce, death of a covered employee, and others.
