Carolina Benefits and Planning approaches health care from the perspective that individuals should have control over their benefit dollars by promoting the use of tax advantaged accounts. Examples of some tax advantaged accounts include the following:
Health Savings Accounts – HSA
Flexible Spending Accounts- FSA
Health Reimbursement Accounts- HRA
These IRS qualified accounts allow an individual to set aside tax free money to be used for out of pocket medical, dental, and vision expenses for participants and qualified dependents.