How does a Health Spending Account work for a business owner or employer?
As the employer, you decide how much funding to allocate to the HSA. When you or an employee incur an eligible expense, a claim is submitted through the plan administrator with supporting documentation. Once approved, the expense is reimbursed from the available HSA balance. This structure allows you to provide health benefits in a controlled and predictable way.
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Still have questions?
Please contact our office and we'll be happy to address any questions you may have.