191: How to Leverage Health Savings Accounts (HSA’s) in Your Practice
March 5, 2024
Health savings accounts (HSA’s) have been around for years and offer people a way to set aside funds for qualified medical expenses and decrease their tax burden. Not everyone qualifies for an HSA but if you do, it can be an easy way for you (or your patients) to help save for health expenses.
And, these HSA’s can provide huge benefits for you, your patients, and for your business!
Personally, I’ve had an HSA for many years, and I love it. Not only does it lower my taxable income at the end of the year, but I have money set aside for health-related expenses including chiropractic, vision, dental care, and band aids. Random I know, but true!
Since your patients are already paying to see you, they might as well pay from an HSA and enjoy the added tax benefits.
If you haven’t considered incorporating HSAs into your practice yet, you might be missing out on a golden opportunity to provide added value to your patients while optimizing your bottom line. 💡
In this episode you’ll hear:
👉 How incorporating HSAs into your practice can enhance patient care and financial stability.
👉 Strategies to educate your patients about the benefits of HSAs and maximize their utilization.
👉Practical steps to integrate HSA payments seamlessly into your practice and boost revenue.
LINKS:
🔍 Link to the USA Today article about HSA’s
💥 Learn more about Clinical Business Academy!
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