Office: 910-772-1599

Toll-Free: 800-429-5875

Business Health Savings Accounts

Providing health savings accounts doesn’t have to be expensive.

dreamstime xs 24346771Providing healthcare benefits doesn’t have to be expensive. A business health savings account (HSA), combined with a high deductible health plan, can help you share the cost of healthcare with employees in a way that benefits them and your business. By providing HSAs to your employees you are saying, ‘I value you and want to make sure you remain healthy and have peace of mind’. This message increases employee moral and higher productivity in your business.

Health savings accounts also reduce your expenses by reducing your administrative time. Employees self-administer their HSAs, so there is minimal administration for your business. You can contribute a lump sum, or any frequency you choose to your employees HSA. No minimum contributions are required. You can enhance your benefits package by including health care benefits, which will help you attract and retain employees.

You and your employee’s can both contribute to the employee’s HSA in tax-advantaged ways. These contributions help your employees pay for current or future qualified medical expenses on a tax-free basis. As an employer your contributions are exempt from payroll taxes.

The Paragon Group, Inc. in North Carolina can guide you in selecting an HSA plan that is just right for your business needs. For more information, call today and speak with one of our expert agents who will be happy to answer all of your questions. 

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5725 Oleander Drive
Suite D4
Wilmington, NC

  • Family and Individual Insurance
  • Group Insurance
  • Student Health
  • Dental

Individual and Family health insurance plans provide long-term protection and comprehensive medical coverage for you and your family.

Group health insurance is employer-sponsored health coverage for business owners, employees and often for dependents.

Paragon Group in North Carolina provides health savings account plans. A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal income tax at the time of deposit.

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Paragon Group in North Carolina offers a variety of dental insurance plans. Some plans provide extensive coverage and will cost more at the time services are required. Other plans can be tailor made to cover specific types of coverage, including orthodontia, oral surgery, or dental implants. Family, individual or group polices are available.

A few things to consider when reviewing your dental insurance needs:

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