With the continuing costs of health care escalating ever higher, employers are searching for ways to stretch their healthcare dollars further. Personal Choice Account is an employee benefit that allows them to save valuable taxable income. The added feature is that it allows you, as the employer, to save on your payroll taxes. Often times PCA will cost very little or pay for itself.

Available options include:

Premium Only Plan- Employees can pay their share of the premium with pre-tax dollars <more>.

Health Care Savings Account- Employees can use pre-tax dollars to pay for certain health care services and items <more>.

Dependant Care Savings Account- Employees can use pre-tax dollars to pay for qualified dependant care <more>.

Health Reimbursement Arrangements (HRA)- As the employer, you can combine the HRA with a higher deductible plan. The employees can then use the HRA dollars to pay for certain qualified medical expenses. To request additional information on any of the described accounts, please click here.

To view an example of potential tax savings, click here.