Health Savings Account (HSA)
Health savings accounts (HSA)
The Health Savings Account (HSA) services offered by Essential Benefit Administrators provide
employees with a powerful tool to save for both current and future healthcare expenses. Paired
with a high-deductible health plan (HDHP), an HSA allows individuals to contribute pre-tax
dollars to a personal savings account that can be used for a wide range of qualified medical
expenses. Funds roll over year to year and are fully portable, making them a valuable long-term
asset.
With the option to invest HSA funds for potential growth over time, employees can also use
HSAs as a retirement planning tool. Essential Benefit Administrators supports participants with
intuitive account management, educational resources, and top-tier customer service. For
employers, offering an HSA demonstrates a commitment to financial wellness and healthcare
flexibility, helping to attract and retain top talent while managing benefit costs.
Get in touch today to learn more.