1. Tax Savings
    • Your HSA contributions are 100% tax-deductible.

  2. Extra Take-Home Pay
    • By deducting your HSA contributions from your paycheck before federal and state taxes are taken out, you take home more money each pay period.

  3. Lower Insurance Premiums
    • The HSA PPO has the lowest premiums of any plan offered to Public School Employees and Arkansas State Employees this year.

  4. Arkansas-Based Service
    • Your insurance provider and HSA administrator are both located in Little Rock. Our local presence offers faster customer service and more accountability.

  5. Portability
    • You own the account, so even if you change jobs, your HSA funds go with you.

  6. Earned Interest
    • Funds in your HSA grow with tax-free interest.

  7. Safety Net
    • There is no "use it or lose it" clause, so you can build up the savings in your HSA to use for major health events.

  8. Long-Term and Retirement Savings
    • Because your funds can roll over from year to year, you can let the funds in your account grow tax-free. After age 65, you may make withdrawals from your HSA for any reason without the 10% penalty for non-medical withdrawals. (Note: you'll still have to pay taxes on the money.)

  9. Affordable Health Coverage
    • Use your Health Savings Account to cover 100% of the cost of routine medical expenses like office visits, lab tests, and over-the-counter drugs.

  10. Coverage for the "Extras"
    • You can also use your HSA funds for programs not usually covered by other health plans, including dental, optical, and much more.

 

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