Consumer-Directed Healthcare Accounts (HSA, HRA, FSA)

Consumer-Directed Healthcare (CDH) accounts allow pre-tax money to be set aside for eligible expenses that might not be fully covered under traditional health plans.

HEALTH SAVINGS ACCOUNT (HSA)
An HSA, or Health Savings Account, is a unique tax-advantaged account that can be used to pay for current or future healthcare expenses. When combined with a high-deductible health plan, it offers savings and tax advantages that a traditional health plan can't duplicate.

HEALTH REIMBURSEMENT ARRANGEMENT (HRA)
The HRA is the employer's way to offer a "self-funded" health benefit with control over the cash flow and fund utilization.

All employer contributions to HRAs that meet with IRS rules are 100% tax deductible to the employer and tax-free to the employee.

FLEXIBLE SPENDING ACCOUNT (FSA)
Participants set aside funds on a pre-tax basis each year into their Flexible Spending Account (FSA) and subsequently access those funds for qualifying healthcare expenses incurred within the Plan Year.