The opportunity to offer Personalized Health Benefits is growing. Over the years, new tax-free vehicles have emerged, and small businesses now have multiple ways to increase employees’ benefits.

Two of the most popular personalized health benefits are health savings accounts (HSAs) and qualified small employer health reimbursement arrangements (QSEHRAs). These two benefits fulfill different functions, but they’re both valuable, and—arranged correctly—they can be used together to create a standout health benefits package for employees.

Many small businesses are confused over their options, though. Questions on HSAs and QSEHRAs are common, particularly on how the two compare and whether businesses should offer them together.

In this post, we’ll go over the differences between an HSA and a QSEHRA, how they can work together, and why a small business should consider offering both at the same time.