Our experts at HSA Central can assist your organization in every aspect of HSA implementation, enrollment, eligibility, reporting, and employee communication, as well as access to an easy-to-use employer portal for managing contributions and employee information. In addition, your employees will get access to a dedicated HSA Central app to manage their healthcare spending and savings, track expenses, scan items for eligibility, view contributions, and more!
An HSA offers many benefits to an employer:
- Lower health insurance premiums –high deductible health plan premiums are typically lower than traditional plans.
- Tax savings for the company –contributions to your employee HSAs are excluded from the company’s gross income and not subject to withholding from income tax or other employment taxes.
- Health insurance carrier neutral – if your company chooses a different health insurer, your employees can keep their accounts and avoid the cost and hassle of transferring them.
- More choice for employees – money saved in premiums can be used to fund their HSAs, so they decide how health care dollars are spent.
- Savings for the future – employees can use HSAs to save for future health care expenses by investing and growing those funds.
Not sure which solution is right for your business? Take a few minutes to run through Business Analyzer
today. We'll ask a few simple questions about your business and provide recommendations just for you.