Here’s a cost-effective solution to skyrocketing health insurance costs for you and your employees. Our Health Savings Account (HSA) supports a high-deductible health savings plan* that typically costs you less than HMOs or PPOs.
Work with experienced Peoples Bankers who understand HSAs
Convenient Peoples Bank debit card
Electronic e-Statements including images
In most circumstances, employees pay less in taxes as contributions are made with pre-tax dollars (similar to an IRA or 401k)
As an employer, you pay less in premiums and save tax dollars
This account supports a high-deductible health insurance plan and must be used in conjunction with a high-deductible health insurance plan
The deductible and the contribution amount change annually and are tied to the inflation rate
Like an IRA, Health Savings Account contributions can be made until April 15 of the following year
HSAs can have only one owner but multiple beneficiaries.
Monthly service charge: $3
Other fees on disclosure: $5 set-up fee, $25 account closure, $20 excess contribution refund fee**
Interest earned is tied to the FHLB rate adjusted on the first day of each month
If you have a co-pay, the insurance does not qualify as a high-deductible health plan
Tis’ the season for Apples! Here is an unusually delicious recipe for baked apples.
3/4 cup oats 3/4 cup flour 2/3 cup light brown suger, packed 1 teaspoon ground cinnamon 1/2 teaspoon ground ginger
Pinch kosher salt 1 stick cold unsalted butter, diced 4 Braeburn apples (Fiji will substitute) 4 teaspoons honey
In a bowl combine all the dry ingredients and diced butter. Rub mixture briskly between finger tips until it forms small moist clumps in a loose sandy mixture. Refrigerate while preparing the apples.
Cut a small layer off the bottom of each apple to create a flat, stable bottom surface. With a small paring knife, cut a cylindrical cone out of the top of the apple, moving about 1-inch outside of the core, similar to removing the top of a pumpkin when carving a Jack O’Lantern. Remove the top and discard.
With a melon baller or a teaspoon, remove the remaining core and seeds taking care not to puncture the base of the apple.
Place apples on a baking sheet or pie dish and fill each center with a teaspoon of honey. Spoon in mixture, packing lightly until heaped and overflowing over sides of the apples.
Bake in oven at 350 degrees on the top or middle rack for 40 minutes or until filling is golden brown and the tip of a paring knife can be inserted into the side of the apple with little or no resistance.