Employer Information and Resources  - Plan Design

VeritasHSA

Choose from a wide range of HSA-compatible, high-deductible health plans from major carriers, add a Health Savings Account and our True-Consumer Health Tools and you have a winning combination that will help stabilize employer costs for years to come. HSA contributions can be made by the employer, employee or both, and they grow tax-free from year to year.*

The VeritasHSA includes three components: A Qualified High-Deductible Health Plan, a Health Savings Account or HSA and Veritas True-Consumer Health Tools. Unlike the traditional bank HSA model, the VeritasHSA connects these three components together to make the plan easy to understand and easy to use.

A Health Savings Account (HSA)...
• Is employee owned
• Can be funded by the employer, the employee or both
• Is portable
• Offers tax savings on deposits, interest earned, and qualified withdrawals*

 VeritasHRA

Does your client want more control of their health care dollars? A Health Reimbursement Arrangement is employer designed and funded, it can be as limited or unlimited in scope as the employer desires.

The VeritasHRA includes three components: An HRA-compatible health plan, a customized Health Reimbursement Arrangement and Veritas True-Consumer Health Tools.

A Health Reimbursement Arrangement (HRA)...
• Is funded by the employer
• Unused funds may roll forward into the next plan year (check your plan document)
• Can be used as first dollar benefits
• Can be as limited or as unlimited as the employer wishes
• Can be used to supplement other benefits
• Does not have to be fully funded

VeritasFSA

You can design a stand alone or supplemental Section 125 Flexible Spending Arrangements. Many of your clients may have an existing FSA plan and wish to move to an HSA-compatible plan. Veritas can show you how these plans can work together and provid seamless administration of your clients’ overall benefit offering.

Interactive Proposal

Our interactive proposal system helps you select and design the best HSA, HRA or FSA option or a combination of these benefits. Our interactive proposal is a series of powerful illustration tools developed to help you customize and propose a consumer-driven health plan - tailor-made for your clients. To take a look at how this unique system works, click here.

*Tax advantages are not available in all states, click here to verify your state.