Are you leaving 100’s of dollars on the table every year ???
A large amount of companies offer wellness incentives and HSA accounts to their employees . Most plans are called an HSA, health savings account, which is a tax-advantaged medical savings account available . The funds contributed to an account are not subject to federal income tax at the time of deposit. Every company has their own requirements and often work with a third party such as Red Brick Health. Every program is different but normally contains similar qualities. The first is the ability to earn money from your employee by completing an annual exam. If you turn in your physical form by the required day you earn rewards such as $200 a year. The form may consist of waist circumference, BMI, blood pressure, total cholesterol, HDL, LDL, TC/HDL ratio, glucose, and triglycerides, By proving your blood results are in the healthy range you can earn additional funds per quarterly ($300 a year). If you do not have healthy numbers you have the opportunity to earn funds by performing healthy activities proving you are making the effort to improve your health.
The next option is to contribute to your HSA account. Some companies will match your HSA contributions to a certain amount annually. Each year there is a maximum amount that can be contributed to your HSA. Contributions are made tax free for eligible medical expenses. Each year it good to example your medical expenses from the previous year to determine what plan is best for you and your family.
If you are not completing these simple tasks to manage your health you may be leaving money on the table. Spending money to improve your health is always a wise investment, but spending too much or spending foolishly is not.
Contact me if you want help in improving your health the right way.
Certified Health Coach, Personal Trainer, & Business Owner