Benefits 101

There are so many acronyms and terminology that are used in the benefits industry and many of these terms are foreign to the end user. Here are a few basic concepts that everyone should have a basic grasp of.

Deductible

Out of pocket maximum

What is a health insurance copayment?

What is co-insurance?

Advantages of a Health Savings Account

How To Use Your HSA Wisely To Save Money'

Why You May Benefit from a Flexible Spending Account (FSA)