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One of the keys to retaining your best employees is to provide them with useful benefits they may not find at other companies.
Health Savings Accounts
Provide your employees an alternative to the high cost of health care. High deductible health plans are becoming more popular because the plans offer lower premiums for the company and employee. Hillcrest Bank Health Savings Accounts (H.S.A.) offer a convenient, tax-free way for an employee to save for their annual healthcare expenses.
Benefits
- Employees choose how much to contribute to their account annually, up to the maximum allowed by law
- Earnings on unused account balances accumulate tax-free
- Balances carry over each year, and the account is portable
- Competitive interest rates that compound daily
Features
- Qualified medical expenses easily paid via check or debit card from the account
- Account access and bill pay services through hNet
- Easy direct deposit into your H.S.A. account via payroll deduction
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