For Business | Health Savings Account
Health savings for employers
Offer your employees the best possible HSA experience
through a seamless process powered by HealthEquity.1
HSA Solutions
A simpler HSA solution is possible. Maximize your member HSA satisfaction through a simple and rewarding experience.
Fast onboarding
Implement your HSA program quickly to support your employees in achieving health and financial security.
Seamless
Transfer member files from any platform or payroll vendor.
Customizable
Setup employer account preferences in minutes.
Efficient
Execute bulk HSA transfers.
Powerful integrations
It’s easier than ever to customize your plan design, manage benefits, and deliver a smooth experience for employees.
Automated
Accelerate claims and payments.
Practical
Put retirement and HSA account information side-by-side.
Easy
Streamline day-to-day administration.
Single-view dashboard
Our unified dashboard lets members perform basic account functions directly from the home screen.
Mobile
Manage everything from the palm of your hand.2
Convenient
Enjoy at-a-glance views of account balances, spending, claims status, and more.
Secure
Expect two-factor authentication and industry-standard encryption.
Intuitive investment desktop3
Intuitive navigation and seamless technology make HSA investing easier than ever.
Effortless
Automatically invest contributions and rebalance your portfolio.
Trusted
Choose from 31 low-cost Vanguard mutual funds.
Intelligent
Access personalized guidance and recommendations from HealthEquity advisors, LLC.
Engagement
Engage360
Get exclusive access to our comprehensive suite of engagement resources designed specifically for benefits professionals.
Engage360 HubOpen Enrollment Toolkit
Drive adoption
Take advantage of our huge library of flyers, webinars, and other resources you can use during annual enrollment and for new hires.
Explore the toolkitEngagement Packages
Maximize utilization
We’ll send members targeted emails throughout the year. Plus, you can use our content around the office and in your organization’s communications.
Access the packagesHealth Savings Score™
Measure and benchmark
Get an annual report that gives you visibility into program performance and identifies opportunities for improvement.
Learn moreBest Practices
Refine and optimize
Sign up for monthly workshops and webinars that will help you make a bigger impact with less effort.
Start learningHealthEquity is the largest HSA provider4
We are partners in your success. Your employees are our priority and we seek to proactively help members for quick and easy access to improve health and financial outcomes.
5.5 million+
HSA members
$11 billion+
Assets under custody
50,000+
Organizations
HSA Administration
Benefits manager dashboard
Streamline workflows and get complete visibility into your
entire program.
Manage enrollment
Ensure employees are enrolled in the right plan for the right period of time.
Make contributions
Use roster and historical data to simplify every aspect of contribution management.
Run reports
Pull status reports for card mailing, account activations, and potential over contributions.
View and pay invoices
Review and pay outstanding invoices, with views categorized by fees, contributions, and more.
Our HSA is the total package
Design the plan that is right for you and your people. Our account management team works with your retirement, health plan, and business admin partners.
See the dashboard
in action
Discover how we empower you to deliver the best HSA experience.
HSA for Individuals
Not a business?
Discover how we make it easy to manage the high cost of healthcare.
Opening an HSA Explore our HSA GuidePeople also ask
Employer HSA Questions
-
Do employers pay HSA?
Employers can choose to contribute a set amount or match contributions made by employees. There are annual limits set by the IRS as to how much an employee can contribute to their HSA.
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How much do employers pay for HSA?
The average amount that employers match for an employee’s HSA is around $600 with a maximum contribution of $3,400.
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Why would an employer offer an HSA?
Employers benefit from lower payroll taxes, higher employee satisfaction, better recruitment for prospective employees, optimized employee retention, and overall lower costs for health benefits.
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How does an employer set up an HSA account?
HealthEquity will walk you through step-by-step throughout this process. You’ll want to determine eligibility and contributions, etc. Our advisors will pick the best plan for you and your people.
-
Is an employer HSA contribution taxable?
No, employer contributions aren’t included in income and are therefore not taxable to the employer or employee.
1HSAs are never taxed at a federal income tax level when used appropriately for qualified medical expenses. Also, most states recognize HSA funds as tax-deductible with very few exceptions. Please consult a tax advisor regarding your state’s specific rules.Return to content
2Accounts must be activated via the HealthEquity website in order to use the mobile app. Return to content
3Investments are subject to risk, including the possible loss of the principal invested and are not FDIC or NCUA insured, or guaranteed by HealthEquity, Inc. HSA holders may select Vanguard funds for investment through the HealthEquity investment platform but HealthEquity, Inc. does not provide investment advice. HealthEquity Advisors, LLC, a wholly owned subsidiary of HealthEquity, Inc. and an SEC-registered investment adviser, provides web-based investment advice to HSA holders that subscribe for its services (minimum thresholds and additional fees apply). Registration does not imply endorsement by any state or agency and does not imply a level of skill, education, or training. Investing may not be suitable for everyone. You should carefully consider the investment objectives, risks, charges and expenses of any mutual fund before investing. A prospectus and, if available, a summary prospectus containing this and other important information can be obtained by visiting the Vanguard website at vanguard.com. Please read the prospectus carefully before investing.Return to content
42022 Year-End Devenir HSA Research Report, March 2023 https://www.devenir.com/research/2022-year-end-devenir-hsa-research-report.Return to content
HealthEquity does not provide legal, tax or financial advice.
Let's HSA!
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COBRA/Direct Bill Employer login
Please refer to your Client Welcome email for the URL of your specific COBRA/Direct Bill Employer login page.
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