Small Employer Saves Money by Implementing Health Savings Accounts for Employees

The company puts $1,000 in the personal medical accounts of single workers, and $2,000 in family accounts. The employees use the account money for everyday medical expenses, including prescription drugs. When the limit is reached, the insurance automatically kicks in because the deductibles on the company's policies also are set at $1,000 and $2,000.... Any funds the employees don't use are given to them at the end of the year and taxed as income.


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