Health Savings Accounts (HSA) are pre-tax bank accounts that let your employees save money on eligible medical, dental and vision expenses, including copays, prescriptions and a variety of products. To be eligible for an HSA, an employee must be enrolled in a High-Deductible Health Plan (HDHP). HSA funds can be invested.
Insight drawn from the country’s largest HSA data set to help you make strategic decisions and influence positive employee behavior.
Solutions for a challenge employers face when moving HSA custodians. ABS offers transfer options to support even the most complex organizations.
Stay on top of healthcare spending and savings for future expenses.
One point of access for you to manage FSA, HSA, HRA and commuter benefits. One debit card, online account and mobile app for participants to achieve a simplified benefits experience.
More than 5,000 mutual funds and investment options through our self-directed brokerage account to give employees more diversity when investing.
Health Savings Brokerage Account (HSBA)
A Health Savings Brokerage Account (HSBA) is a an individual self- directed Charles Schwab brokerage account designed to complement a health savings account providing greater access to thousands of additional investment choices.
Consistent experience between online and mobile, including complete HSA investment management functionality, with ability to manage/transact across all account types. Quickly determine an expense’s eligibility by scanning the barcode of a potential purchase.
HSAs are lifetime accounts and not a plan year decision for your employees. Should you switch health plan providers in the future, there is no disruption for your employees enrolled in the HSA.