May 19, 2009

Will restricting HSAs and FSAs and tax credits help cut health costs?

So what do you think?

Workforce.com reported today that:

"The Senate Finance Committee will discuss controversial options that include curbing the tax-favored status of employer-provided health care coverage, wiping out health care flexible spending accounts and placing new restrictions on health spending accounts when it meets Wednesday, May 20."
  1. How will this effect your company and its employees?
  2. Will this change the kind of benefits you currently offer?
  3. How will this impact your company's willingness to offer wellness and health benefits to your covered employees and dependents?

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