Wednesday, December 27, 2006

Health Savings Accounts: High Demand

Due to the high demand and high volume of those enrolled in Health Savings Accounts changes have been made in order to meet the needs of those participating. Should a policy holder currently participate in a flexible spending account, the funds within that spending account can now be transferred over into a Health Savings Account. Health Savings Accounts also allow funds in your account to roll over, year after year. While structurally Health Savings Accounts are similar to flexible spending accounts, they offer more freedom and incentives to the policy holder.