Captain Contributor Explains ICHRAs

” An Individual Coverage Health Reimbursement Account, or ICHRA, is a special type of HRA that employers can use to help employees obtain health insurance coverage without the need to offer a group health insurance plan.  Watch this video to learn more about ICHRAs! Captain Contributor – Benefits Super Hero Captain Contributor Explains ICHRAs Captain Contributor Explains … More >>

Captain Contributor Explains Eligible Expenses

” Good news! Your FSA or HSA account now has even more spending power! The CARES Act of 2020 expanded the use of Health Savings Accounts and Flexible Spending Accounts accounts to include more eligible healthcare items. Watch this video to learn more about eligible healthcare expenses! Captain Contributor – Benefits Super Hero Captain Contributor Explains ICHRAs … More >>

Captain Contributor Explains COBRA Insurance

” Sometimes things happen that can cause you to lose healthcare coverage provided by an employer’s group health plan. Luckily, COBRA is an emergency option that keeps people from losing their health insurance until they can find other coverage. Watch this video to learn more about COBRA Insurance! Captain Contributor – Benefits Super Hero Captain Contributor Explains … More >>

HSA Investments Overview – Vermont

Home HSA InvestmentsHSAToday account owners whose account balances are above a particular threshold are eligible to invest in mutual funds.This document details the funds that are currently available for investment through HSAToday. Periodically, there may be changes to available funds based on the expertise and discretion of our investment advisor.The balance threshold at which an … More >>

Captain Contributor Explains the Uniform Coverage Rule

” You probably already know that by using a Flexible Spending Account (FSA) you can get significant tax savings, but did you know that with a health or limited purpose FSA, you do not have to wait for that money to build up before it’s available?  Watch this video to learn more about the uniform … More >>

Captain Contributor Explains HSA Funding

” A Health Savings Plan (HSA) is a great compliment to a High Deductible Health Plan (HDHP). But HSA funding can be confusing. How do you build up your HSA account balance while using it for healthcare expenses at the same time? Watch this video to learn more about funding your HSA! Captain Contributor – Benefits Super Hero … More >>

Individual Coverage HRAs (ICHRA)

Legislation creating the ICHRA was passed to help employees pay premiums for individual insurance coverage in June 2019 and goes into effect January 1, 2020. This guide outlines the requirements to sponsor an ICHRA.

Tax Savings with Benefit Accounts

Captain Contributor Explains Tax Savings

” When considering an FSA, HSA, or HRA, you may be wondering – why should I sign up?  The answer is simple – saving money! Each account can save you money, but there are differences between them. Watch this video to learn more about tax savings! Captain Contributor​​ – Benefits Super Hero Captain Contributor Explains ICHRAs Captain … More >>

Captain Contributor Explains How FSAs Work

” Did you know there are different types of FSA accounts – health, limited purpose, and dependent care? Each account can save you money, but there are differences between them. Also find out what happens if you have money left in your account at the end of the plan year. Watch this video to learn … More >>

Captain Contributor Explains Preparing for Enrollment

“ When benefits meetings roll around each year, many people don’t fully understand their benefits package, and blindly make important healthcare choices. This year, challenge yourself to do a little preparation so you can make the best possible decisions for you and your family. Watch this video to learn more about enrolling in your benefits. Captain … More >>

Captain Contributor Explains HDHPs and HSAs

” Moving to a high deductible health plan (HDHP) can be scary, especially when looking at the amount of the deductible. The higher the deductible, the lower the monthly premium – that can really save you money in the long run, but what happens when you have healthcare expenses? Watch this video to learn more … More >>

Captain Contributor Explains Benefits Debit Cards

” No matter where you go – doctors’ offices, grocery stores, retail shops, and more – you can use a debit or credit card to pay for goods and services. But did you know you can also use a debit card that’s linked to your healthcare benefits accounts? Watch this video to learn more about … More >>