While we believe wholeheartedly in the value of Health Spending Accounts (HSAs) for all businesses and their employees, new legislation could change the HSA landscape and impact sole proprietors.
The legislation applies stricter rules which make it impossible for Blendable to adequately support sole proprietors and ensure their compliance with the tax act.
While we would naturally prefer to continue providing service to sole proprietors and their families, we're being proactive - making the decision now not to accept new sole proprietor plans so we don't put anyone at risk for negative tax implications.