An Agency Health Savings Account (HSA) can help you reduce healthcare costs and add depth to your employee benefits program. If your agency already offers a High Deductible Health Insurance Plan or you are thinking about offering one, Union Community Bank can help you offer the total package for your employees.
A Union Community Bank HSA combined with a high deductible health plan, can help your company share the high cost of healthcare with employees in a way that benefits everyone. An HSA is a tax-advantaged savings account, used in combination with a High Deductible Health Insurance Plan. We can help you deliver a reliable, trusted, and simple HSA solution that meets your employees’ changing needs. Our top priority is delivering an easy-to-use HSA backed by the highest levels of service. Our web-based solution provides you and your employees with an easy HSA experience.
Union Agency Health Savings Account
- Increase employee satisfaction by providing an intuitive and innovative solution.
- Reduce FICA tax liability by encouraging and supporting pre-tax contributions.
- Save Administrative time and resources with a secure, easy-to-use employer portal to manage program enrollment and payroll-based contribution processes.
- Go paperless with online claims processing, direct deposit reimbursement and electronic statements.
Union Health Savings Account Tax Benefits
- Tax deductions on contributions
- Tax-free account growth through interest and investment earnings
- Tax-free withdrawals for qualified medical expenses
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