Health Savings Accounts Pay For Medical Care
Posted by adminOften, when people lose their job, they also lose their medical coverage. What can you fall back on when you lose your job, and have medical expenses? You can use a Health Savings Account to pay for medical expenses, and it is yours to keep when you’re unemployed.
According to The Wall Street Journal, almost half of U.S. small businesses offer no health insurance benefits at all due to the high cost of insuring employees. Health Savings Accounts give these employers a more economical way to help employees with medical costs. Even though you have control of your HSA, your employer can still make contributions to it. (more…)