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Be an informed decision-maker
It's time to make the important decisions you've been contemplating the last several weeks.
Follow these 4 steps and you'll be in great shape.
1. Do your homework. Don't simply default to the plans and accounts you're most familiar with. Set yourself up for success by making sure you understand the basics of managing your healthcare finances, and the financial implication of each
benefit option.
2. Enroll in a tax-advantaged benefit account. Regardless of which health insurance plan you choose, you are likely to incur out-of-pocket costs. FSAs allow you to stretch your healthcare dollars an average of 30% further by using pre-tax
funds.
3. Put the 'right' amount of money into your account. Consider your financial goals, your likely spending needs, and your budget constraints.
- If contributing to an FSA, do your best to accurately predict next year's healthcare spending.
4. Make the most of your account. Once enrolled, take advantage of our rich library of tools and resources to help you maximize your savings and optimize your spending throughout the year.
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