Health Savings Accounts

With health care costs in the U.S. continuing to more then double the rate of inflation, alternative solutions to standard health care plans are becoming more popular.  One potential solution is the implementation of a Health Savings Account (HSA) Program. 

HSAs are savings accounts owned by an individual employee.  Funds can be used to pay for current and future medical expenses.  These accounts can be funded by the employer, the employee or both.  Deposited funds are tax deferred, roll over from year to year, and can be withdrawn without penalty at the age of 65.

There are many advantages to HSAs for both the employer and employee.  As a leading provider of Employee Benefits in Washington State, The Unity Group has developed a specialized product for this money saving alternative to traditional heath care plans.

Many of our clients have realized these benefits.  Even if you are not a client we recommend that you learn more about HSAs as a possible solution to keep your Employee Benefits' costs down.

If you are interested in learning more about HSAs please join us for one of our HSA 101 workshops.  To attend, please email your request to amandab@theunitygroup.com and you will receive an invitation to our next session.