Health Spending Accounts – HSA’s
A health spending account functions much like a bank account. The plan sponsor allocates a pre-determined amount of benefit credits (i.e. $500) to each plan member.
Each year group benefit plans lose large sums of money to benefits fraud which ultimately drives up plan costs. What employers may not be aware of is the extent to which fraudulent conduct on the part of patients and healthcare providers contribute to escalating premium levels.
Students & Dependents