Health Savings Account (HSA)

Employees are embracing Health Savings Accounts (HSAs) at a very quick pace as they shift towards lower- premium High Deductible Health Plans (HDHPs). The flexibility of this Consumer Driven Account (CDA) makes it one of the most cost-effective ways to pay for qualified healthcare expenses and people are taking notice. Each year, HSAs are more prevalent in the healthcare and financial industry news as a great strategy to set money aside to pay for qualified expenses.

Since 2003, these Plans have been the fastest growing employee benefit. Why the popularity? Simply put, HSAs make good sense. Besides helping employers reduce their health insurance costs, when HSAs are in place, employers add depth to their employee benefits and keep more money in their pockets. More and more employers are choosing this consumer driven healthcare account to empower their employees.

EMPLOYER FEATURES

Online Management.

Efficient Contributions.

Integrated Enrollment.

Dedicated Service.

Your employees receive a seamless HSA experience that allows them to take advantage of everything an HSA plan offers, including:

  • Online access with real-time account information.
  • Options to submit claims online and pay providers directly.
  • Online investment services.
  • Personalized customer service.
  • Interactive calculators and decision-support tools.
  • Featured partners with additional saving tools.

Online Administrative Controls

  • Secure web site to manage administration tasks.
  • Update employee status and track enrollment rates.
  • Download funding and contribution reports.
  • Access educational resources.

Managing Contributions

  • Establish funding directly with business bank account(s).
  • Upload files for simplified funding via EFT.
  • Set automated, scheduled contributions.
  • Utilize online contribution tools.

Personalized Service

  • Live one-on- one customer care with dedicated HSA plan specialists.
  • E-News to stay informed with product updates.
  • Online educational resources and guidance.
  • Featured partners with additional services for employees.