Alternative Health Insurance Funding Options
COSE has several alternative health care funding options for small businesses, including Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs).
These are all tax-advantaged ways to save health insurance premiums while limiting exposure and realizing tax relief for both you and your employees.
Simply put, they’re bank accounts that provide employees with unprecedented control over their earned health care dollars. They can spend it, or save it - but most important, employees will soon realize the true cost of health care and become more informed health care consumers.
Some alternative health care funding options are funded with tax-free employer funds; others use employee dollars. Employers can choose whether or not to contribute, adding additional benefits and flexibility.
Consider Your Alternative Health Insurance Funding Options
COSE is your complete small business benefits partner.
For more information on COSE Health Insurance call 216.592.2355.