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Health Savings Accounts for Employees

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FlexWORKPLACE^TM

• Access
• Affordability
• Convenience
• ...and more

A Valuable Benefit For Your Employees
FlexWORKPLACE^TM is a new, voluntary health benefits program that allows employers to offer their employees access to affordable individual insurance plans through the convenience of payroll deduction.

It was designed to provide employers and employees with flexible, less expensive consumer-driven health insurance options.

With FlexWORKPLACE, your employees now have the added choice of electing to apply for an individual health insurance plan that meets their own individual needs, lifestyle and budget.

Additionally, employees can combine these low cost plans with a Health Savings Account (HSA), which allows them to have direct control of their healthcare spending.

A FlexHSA^® offers your employees many important benefits, including:

• Pretax or tax-deductible contributions to the account
• Year-to-year roll over of the funds in the account
• Interest earned on the account is tax-free
• Distributions from the account for medical expenses are tax-free
• Distributions or purchases can be made with a debit card
• Individuals over 55 are allowed to deposit additional "catch-up" contributions
• The funds employees deposit can be invested to generate even more income (which is tax-free if used for medical expenses)

The FlexWORKPLACE program is a joint effort between 3 independent organizations - Blue Cross Blue Shield of Illinois, Flex Benefit Service Corporation, and Fort Dearborn Life Insurance Company.

FlexWORKPLACE is simple, smart and available to any size employer group in Ilinois.

Go to www.flexworkplace.com to learn more.

Call today for
more information
at 630-725-1500