All posts that discuss various aspects of health care, including access, insurance, and how IncentFit can help subsidize costs
Are you interested in using pre-tax dollars to cover your healthcare expenses? If so, a Health Savings Account could be the answer. A Health Savings Account is a type of employee benefit that helps you save money on eligible health care expenses. It is commonly offered as an employee fringe benefit. When used effectively, this Read more…
In 1978, an unlikely combination of tax reform legislation and a desire to save on medical costs gave rise to the Flexible Spending Account (FSA), a key employee fringe benefit still commonly used today. For most individuals with employer-funded health plans, a flexible spending account is a flexible spending arrangement where employees enjoy pre-tax savings Read more…
Historically, the healthcare system in the US has been all about numbers. Simply put, the more services provided to patients (visits, procedures, hospital admissions, prescriptions), the more healthcare providers get paid. However, we’ve recently seen a marked shift from fee-for-service models to value-based care as more organizations look to tackle population health issues on a Read more…
Employee health screenings are an important element of workplace wellbeing. They are an effective way for a company to spot any potential health issues and provide employees with the information and support they need to maintain or improve their health. When implemented effectively, employee health screenings can help to create a more productive and engaged Read more…
Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) are two ways employers can help employees better manage the cost of healthcare. They’re an employee benefit separate from medical insurance, and you cannot enroll in both types. These accounts are designed to pay for a lengthy list of “qualified medical expenses” to alleviate or prevent Read more…
