How to use HRAs to Save on Healthcare?
HRA is a good option to consider for employers in the US seeking affordable and beneficial healthcare plans for employees. Also known as a Health Reimbursement Arrangement or Account, HRA is basically an IRS approved, tax advantaged and employer funded health benefit plan that provides great benefits to both sides, the employee and the employer. […]
Basics in HSAs
Introduced in the year 2003 under the administration of President George Bush, HSA, also known as Health Savings Account, is primarily a tax exempt account that you set up to save and set aside money to pay for qualified healthcare/medical expenses. HSA Tax Breaks and Benefits Setting up this account offers investors with triple tax […]
Overcoming the Challenges of Transparency in Healthcare
Transparency in healthcare industry has become a major and growing concern for everyone. Physicians, payers and health organizations across the board are diligently working on strategies and methods to ensure and achieve healthcare transparency. Let’s take a closer look at what these professionals are doing to play their role in improving transparency in healthcare: § Physicians In […]
