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Manage out-of-pocket medical expenses health costs

Help Employees Manage Out-of-pocket Health Expenses

Statistics show that employees continue to shoulder an increasing percentage of health expenses. A typical family of four will spend more than $28,000 per year on medical costs.* To help combat these amounts, employers offer reimbursement accounts for employees to manage out-of-pocket health expenses and save on taxes. Let’s take a closer look at some of the more popular reimbursement account options, what they offer and how they can help employees manage health expenses. Health Flexible Spending Accounts A health flexible spending account (Health FSA) allows employees to save money in taxes and get reimbursed for out-of-pocket medical expenses not

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