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Perspectives In this issue: High Deductible Health Insurance Summary of Benefits & Coverage Understand your Flextime Medical & Dependent Care Flexible Spending Account Options First Time Pershing
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High deductible health plans are insurance policies with higher deductibles and lower premiums.
Individuals who have high deductible health plans are required to report it on their taxes.
You can fill out the high deductible health information on your tax return forms.
The purpose of high deductible health plans is to promote cost savings and encourage individuals to be more mindful of their healthcare expenses.
You must report the amount of deductible expenses you have paid for healthcare throughout the year.
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