Category: Reimbursement Accounts
Get tips on how to strategically use Flexible Spending Accounts, Health Savings Accounts, Health Reimbursement Arrangements and more.
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Reimbursement Accounts
Understanding FSA Benefits Debit Card SubstantiationMay 14, 2019
An American Fidelity Benefits Debit Card provides a convenient way to access reimbursement account funds. It’s designed to be quick and removes the need to pay out-of-pocket, but there are importan...
Reimbursement Accounts
6 Requirements for Health Savings Account ParticipationDecember 11, 2018
High-deductible health plan and Health Savings Account (HSA) enrollment reached 21 million members in 2017 and is expected to continue to climb. But, because the Internal Revenue Code (IRC) sets sp...
Reimbursement Accounts
How to Educate Your Employees on HSAsApril 02, 2018
Many companies have shifted to offering a Qualified High Deductible Health Plan (HDHP) with Health Savings Account (HSA) for employees. Because HSAs are different from Flexible Spending Accounts (F...
Reimbursement Accounts
FSAs, HSAs, and HRAs — What You Need to KnowMarch 12, 2018
When it comes to reimbursement accounts, the differences can be confusing. Between Healthcare Flexible Spending Accounts (HCFSAs), Health Savings Accounts (HSAs) and Health Reimbursement Arrangemen...
Reimbursement Accounts
Steps to Take When Healthcare FSA Participants Terminate EmploymentJanuary 15, 2018
When Healthcare FSA participants leave employment mid-plan year, certain actions need to be taken by the employer.
Reimbursement Accounts
HSA Mistakes to Avoid: Other Reimbursement AccountsJuly 10, 2017
There are rules regarding HSAs, Health FSAs, and HRAs that can be confusing and frustrating for both employers and employees.