November 2016

This is the time to use your FSA, HSA, and HRA accounts

FSA (Flexible Spending Account), HSA (Health Savings Account), and HRA (Health Reimbursement Arrangement) are all plans to help the consumer pay for out-of-pocket expenses such as deductibles, co-pays, and prescriptions. They are usually offered by an employer and set-up through a payroll service. These plans are like medical bank accounts…

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