MBO offers a Health Savings Account through the Business Services program. The contributions for this plan are made conveniently from your payroll and are deducted pre-tax, which means more money in your pocket.
Membership in MBO’s Health Savings Account (HSA) provides an easy, safe way to lower your healthcare costs today while saving money for future healthcare expenses. Used alongside a high-deductible health plan, participation can substantially increase your take-home pay by allowing for pre-tax contributions from your payroll to your own portable HSA.
All full-time workers engaged through MBO Business Services covered under a High-Deductible Health Plan (HDHP), including the MBO Professional Services Aetna MedSure plan, are eligible and may contribute up to the legal limit in 2017 of $3,400 for Self-Only Coverage and $6,750 for Family Coverage. If you are 55 and over, you are eligible to contribute an additional $1,000 per year as a catch-up provision.