Last Wednesday’s Chamber U discussed healthcare savings accounts and why its important to employers and employees. Tony Johnson, Bank of America Business Banker for the Durham Region, and Katie Wales, who flew in for the day from Bank of America in Chicago, shared some valuable and timely information related to Health Care Savings Accounts (HSAs) with the Durham Chamber and our business community. 

HSAs are offered through many financial institutions that vary in scope, access, and ease of use.  HSAs are gaining popularity and with that comes a lot of questions about how this benefit can effectively fit into an existing businesses or as an added value for businesses looking for a cost effective way to offer benefits to attract and retain quality employees.  Katie’s presentation covered all of this and more,  with a mix of with pertinent questions from the attendees, addressing the benefits to employers, employees, and the overall cost savings associated with it for both.

Please take a look at this brief video for a quick description of the “HSA for Life” and contact Tony Johnson, Durham Business Banker, with any additional questions (919.536.8024 or Tony.S.Johnson@bankofamerica.com)