Invest in the well-being of your team.
Tending to your employees’ health care needs.
Here at Corda Credit Union, we get it — healthcare costs tend to go up, not down. It’s important to talk to your health insurance provider to see if offering a high-deductible health plan (HDHP) would lower your business’ health insurance expenses. If so, a Health Savings Account (HSA) option for your employees might make a lot of financial sense.
The benefits of an HSA
HSAs complement HDHPs by allowing employees to set aside pre-tax dollars to cover the higher deductibles. Employers often contribute a percentage of an employee’s income (or a set amount) into each employee’s HSA on a regular basis as well. By contributing to your employees’ HSAs – a process we can set up to automatically happen – you’re investing in their health and future.
This approach can lead to:
- Potential savings for your business. (Consult your health insurance representative.)
- Potential tax advantages and savings. (Consult your tax advisor.)
- Increased employee retention and satisfaction.
Get started with an HSA
Contact us to start a discussion about setting up HSAs for your employees. We can even come to your business to do an educational session and help get individual HSAs set up.