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A health savings account (HSA) is a ... accounts insured by the Federal Deposit Insurance Corporation are subject ... in 2007 by employee benefits consultants Towers ...
HealthEquity, Inc. is an American financial technology and business services company that is designated as a non-bank health savings trustee by the IRS. [2] This designation allows HealthEquity to be the custodian of health savings accounts regardless of which financial institution the funds are deposited with.
GEHA provides benefits to more than 2 million people worldwide. The company currently offers traditional fee-for-service medical plan options with a preferred provider organization (PPO) along with a high deductible health plan (HDHP) that can be paired with a health savings account (HSA). On the dental side, GEHA offers two options under the ...
HSA Bank is a health savings account (HSA) administrator in the United States. Based in Milwaukee and Sheboygan, Wisconsin , the company focuses on the administration, service, and support of health accounts including Health Savings Accounts, Flexible Spending Accounts, and Health Reimbursement Arrangements.
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...
[18] [19] Assurant sold its HSA assets and other medical-account assets to SelectAccount in March 2016. [22] In 2015 Assurant also announced it was exiting the employee benefits marketplace. [23] Sun Life Financial agreed to acquire Assurant Employee Benefits for $940 million in September 2015, [24] [23] and closed the sale in March 2016. [25]
While a 2005 survey by the Blue Cross and Blue Shield Association found widespread satisfaction among HSA customers, [25] a survey published in 2007 by employee benefits consultants Towers Perrin came to the opposite conclusion; it found that employees currently enrolled in such plans were significantly less satisfied with many elements of the ...
The US Treasury did not extend the program beyond this point, and as a result no new Archer MSAs may be opened. Current accounts can either be left open as is or converted to an HSA. At this time there are no financial institutions opening new MSAs. This is because of the creation of the Health Savings Account (HSA) in 2003. [5]
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