24HourFlex Services

Health Savings Accounts

An HSA is an innovative approach to health insurance that is made up of 2 components:

1. A qualified high deductible health insurance plan
2. An Individual Tax-exempt Trust (savings/investments)

Flexible Spending Accounts

A flexible spending account (FSA) is a voluntary, employer-sponsored program for employees to save a portion of their income pre-tax to be used to pay for qualified medical or dependent care expenses incurred during their benefit plan year.