Information on Accounting and Health Savings Accounts?
Health savings account is applicable to people who choose for high deductible plan. In exception, its not applicable to people who claim tax return. Age is also a factor which most of the companies prefer in health savings account. HIPAA Act information: Health insurance portability and accountability act is in favor of insurance cover to individual or group. It helps in function of medical savings and medical records. It also provides protection in long term health cover.
