Employees love health spending accounts because it gives them control.
- Employees can customize coverage based on personal choices. Every healthcare expense permitted by the income tax rules is eligible.
- The only claim limit is the balance in the health spending account. Claims can be paid with funds that are in their health spending account during the year the claim was incurred.
- Employees can save up for major expenses. Contributions made to the health spending account can be carried forward for one calendar year.
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