Your health insurance rates may be based, in part, on the zip code in which you do business.
Your health insurance rates may be influenced by the number of persons enrolled in the plan.
BusinessHSA is an affordable way for employers to assist employees with healthcare costs without sponsoring a group health insurance plan.
BusinessHSA is an affordable way to assist employees with their healthcare costs without sponsoring a group health insurance plan.
Utilizing employee-owned Health Savings Accounts (HSAs), BusinessHSA integrates individual health insurance purchased by employees with voluntary pre-tax contributions made to their accounts by employers - at a level they decide.
Employers contribute to employee healthcare costs at a level they decide, while providing employees with access to individually purchased health insurance plans and tax-advantaged Health Savings Accounts (HSAs).
With BusinessHSA, employees shop for and purchase their own HSA-eligible health insurance plans and open their own Health Savings Accounts through a customized eHealthInsurance website.
Employers make automated payroll contributions to employee Health Savings Accounts at a level they can afford, without sponsoring a group insurance plan.
If you are a small business owner who would like to help employees with healthcare costs but a group health insurance plan isn't right for you, BusinessHSA may be a good option.
To get started, open a free BusinessHSA account for your company and let us know how much money you want to contribute toward employee healthcare costs each pay period. We'll create a customized web portal for your company and invite your employees to participate in your BusinessHSA program.
A tax advantaged savings account to be used in conjunction with certain high-deductible (low premium) health insurance plans to pay for qualifying medical expenses. Contributions may be made to the account on a tax-free basis. Funds remain in the account from year to year and may be invested at the discretion of the individual owning the account. Interest or investment returns accrue tax-free. Penalties may apply when funds are withdrawn to pay for anything other than qualifying medical expenses. Click here for more information on HSAs.
Please note, however, that definitions of certain terms may vary across insurance companies.
A health insurance plan that provides benefits for employees of a business or members of an organization, as opposed to individual and family health insurance.
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