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Give your employees health benefits. It’s tax-deductible for you and tax-free for them.

June 1, 2011

Intuit has come up with a “Health Debit Card”.  Intuit claims that employees love the card, the service puts employers in control and, it saves money.

From Intuit’s release:

“Whether you offer your employees health insurance or not, the Intuit Health Debit Card is a low-cost way to provide a valuable tax-free benefit to your employees while saving your business money. Here are the top 3 reasons why other employers are choosing the Intuit Health Debit Card:

  1. They are in control. Employers choose how much to contribute to each employee’s card. It is risk-free and can be canceled at any time. If an employee leaves, any unused money goes back to the business.
  2. It saves money. Small businesses can save up to $5,000/per employee a year* and every dollar contributed is a tax-deductible expense for the business. This health benefit even helps employers attract and retain employees.
  3. Employees love it! The debit card can be used anywhere to pay for a variety of healthcare expenses, including individual or family insurance premiums, doctor co-pays and prescriptions. And unlike most other plans, unused funds roll over at the end of the year.

To learn more, visit healthcard.intuit.com or call (877) 470-1770 to speak with a healthcare specialist.”

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