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Weighing the pluses and minuses of HDHPs + HSAs for businesses
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Weighing the pluses and minuses of HDHPs + HSAs for businesses
Will your company be ready to add a health insurance plan for next year, or change its current one? If so, now might be a good time to consider your options. These things take time.A popular benefits model for many small to midsize businesses is sponsoring a high-deductible health plan (HDHP) accompanied by employee Health Savings Accounts (HSAs). Like any such strategy, however, this one has its pluses and minuses.Ground rulesHSAs are participa…
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