Flexible Spending Accounts (FSAs)
Eligible employees can take advantage of flexible spending accounts which are administered by Inspira. Participants can set aside pretax money via payroll deductions to pay for healthcare and dependent care expenses not covered by benefit plans. Money set aside in these accounts will reduce taxable income, providing participants with more value for the dollar.
More information about FSAs:
Health Saving Account (HSA)
An HSA is a tax-advantaged medical savings account available only to individuals enrolled in a HDHP. HSAs are like individual savings accounts, but the money in the account is used to pay for qualified medical, dental, and vision expenses. It can also help participants save for future medical expenses.