The passage of the Affordable Care Act (ACA) prompted many changes to our nation’s healthcare system, but how are plans offered through the healthcare marketplace established by the ACA different from plans outside the marketplace? Below, your trusted California health insurance agent highlights the main differences. Health insurance plans purchased …
HRA vs HSA: What’s the Difference? (Part 1 of 2)
Health Reimbursement Accounts (HRA, also known as Health Reimbursement Arrangements) and Health Savings Accounts (HSA) sound very similar, but there are some significant differences between the two. Below, your trusted California health insurance agent discusses the differences and benefits of HRAs and HSAs. A Health Reimbursement Account is entirely employer-funded …
What Is a Health Savings Account (HSA) and What Are the Benefits?
You may have heard about a Health Savings Account (HSA) and wondered what exactly it is and how it works. Below, your trusted California health insurance agent highlights the benefits of an HSA for everyday consumers. A Health Savings Account allows you to set aside money for qualified healthcare expenses …