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Health Savings Accounts will change the way millions meet their health care needs because they are designed to help individuals save for qualified medical and retiree health expenses on a tax-advantaged basis. Patients and employers love Health Savings Accounts. Medical practice reimbursement staff should be asking plenty of questions about them. Reimbursement is no longer just about deductibles and copays. Knowing the ropes is not at all a problem because HSAs can sink your collections efforts and leave you with more uncollected A/R than you had before.

Tax-advantaged contributions can be made in three ways:

1. The individual or family can make tax deductible contributions to the HSA even if they do not itemize deductions;
2. The individual’s employer can make contributions that are not taxed to either the employer or the employee; and,
3. Employers sponsoring cafeteria plans can allow employees to contribute untaxed salary through salary reduction.

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Our medical billing / medical transcription service package takes care of all your coding tasks. Our expert team of coders will ensure optimum reimbursements for your claims, while our transcribers will deliver timely and accurate transcripts. Our package deal is real value for money. For a Free Trial Offer and Toll-free phone dictation, please Call: 1 (877) 323-4707.

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