One of the options you have when deciding on health insurance and benefits for your business, your family, and your employees is to forgo insurance all together and instead use a Health Spending Account (HSA) on it’s own. While doing this might save you a bit of money in the short-term, it doesn’t take into account some of the important benefits of insurance. The main reason is that HSA’s provide no protection for you and your family, your business, or your employees in the event of unforeseen circumstances.
We’ve covered some of the benefits recently on our blog: