SimplyHSA


No one wants a complicated benefit plan,

so we keep it simple.

SimplyHSA is a savings account for eligible health expenses. The health savings account is an employer-offered benefit and it works like a bank account for participants—but also offers triple tax savings and investment opportunities. We help employers and participants understand the plan and get the most value out of it.

SimplyHSA


No one wants a complicated benefit plan,

so we keep it simple.

SimplyHSA is a savings account for eligible health expenses. The health savings account is an employer-offered benefit and it works like a bank account for participants—but also offers triple tax savings and investment opportunities. We help employers and participants understand the plan and get the most value out of it.

SimplyHSA


No one wants a complicated benefit plan,

so we keep it simple.

SimplyHSA is a savings account for eligible health expenses. The health savings account is an employer-offered benefit and it works like a bank account for participants—but also offers triple tax savings and investment opportunities. We help employers and participants understand the plan and get the most value out of it.

SimplyHSA


No one wants a complicated benefit plan,

so we keep it simple.

SimplyHSA is a savings account for eligible health expenses. The health savings account is an employer-offered benefit and it works like a bank account for participants—but also offers triple tax savings and investment opportunities. We help employers and participants understand the plan and get the most value out of it.

SimplyHSA Product Sheet

Download a copy to share or print.

See how we're different.

Learn why brokers, employers, and participants love Employee Benefits Corporation.

Contact Our Sales Team

Connect by phone at (800) 346-2126 or by email at sales@ebcflex.com


Request a Quote

Want pricing?
Give us a little info and we'll get started.

SimplyHSA Product Sheet

Download a copy to print or share.

See how we're different.

Learn why brokers, employers, and participants love Employee Benefits Corporation.

Contact our
Sales Team

Connect by phone at (800) 346-2126 or by email at sales@ebcflex.com


Request a Quote

Want pricing?
Give us a little info and we'll
get started.

SimplyHSA Product Sheet

Download a copy to share or print.

Contact our Sales Team

Connect by phone at (800) 346-2126 or by email at sales@ebcflex.com


Request a Quote

Want pricing? Give us a little info and we'll get started.

SimplyHSA Product Sheet

Download a copy to share or print.

Contact our Sales Team

Connect by phone at (800) 346-2126 or by email at sales@ebcflex.com


Request a Quote

Want pricing?
 Give us a little info and we'll get started.

SimplyHSA Custodian

The SimplyHSA Custodian is Avidia Bank, $1.2 billion mutual community bank headquartered in Hudson, MA with over 10 years of experience providing HSA services nationwide. Participants use their HSA for eligible expenses as they would use a bank account and they have a financial relationship with Avidia Bank, just like they do with a bank or credit union. With competitive interest rates, low fees, solid investment options, and an easy-to-use online banking experience, Avidia Bank helps us provide an outstanding HSA experience.

SimplyHSA Custodian

The SimplyHSA Custodian is Avidia Bank, $1.2 billion mutual community bank headquartered in Hudson, MA with over 10 years of experience providing HSA services nationwide. Participants use their HSA for eligible expenses as they would use a bank account and they have a financial relationship with Avidia Bank, just like they do with a bank or credit union. With competitive interest rates, low fees, solid investment options, and an easy-to-use online banking experience, Avidia Bank helps us provide an outstanding HSA experience.

SimplyHSA Custodian

The SimplyHSA Custodian is Avidia Bank, $1.2 billion mutual community bank headquartered in Hudson, MA with over 10 years of experience providing HSA services nationwide. Participants use their HSA for eligible expenses as they would use a bank account and they have a financial relationship with Avidia Bank, just like they do with a bank or credit union. With competitive interest rates, low fees, solid investment options, and an easy-to-use online banking experience, Avidia Bank helps us provide an outstanding HSA experience.

SimplyHSA Custodian

The SimplyHSA Custodian is Avidia Bank, $1.2 billion mutual community bank headquartered in Hudson, MA with over 10 years of experience providing HSA services nationwide. Participants use their HSA for eligible expenses as they would use a bank account and they have a financial relationship with Avidia Bank, just like they do with a bank or credit union. With competitive interest rates, low fees, solid investment options, and an easy-to-use online banking experience, Avidia Bank helps us provide an outstanding HSA experience.


Ways to Pay with HSA

The HSA works like a bank account for participants—with triple tax savings and investment opportunities. Participants spend their HSA funds on eligible expenses without waiting for approval. They choose how to pay with their HSA dollars—with their Benefits Card at the register, with an online payment to a provider, with an online payment to reimburse themselves for an expense they already paid, or via paper check (checks available for a fee).

Ways to Pay with HSA

The HSA works like a bank account for participants—with triple tax savings and investment opportunities. Participants spend their HSA funds on eligible expenses without waiting for approval. They choose how to pay with their HSA dollars—with their Benefits Card at the register, with an online payment to a provider, with an online payment to reimburse themselves for an expense they already paid, or via paper check (checks available for a fee).

Ways to Pay with HSA

The HSA works like a bank account for participants—with triple tax savings and investment opportunities. Participants spend their HSA funds on eligible expenses without waiting for approval. They choose how to pay with their HSA dollars—with their Benefits Card at the register, with an online payment to a provider, with an online payment to reimburse themselves for an expense they already paid, or via paper check (checks available for a fee).

Ways to Pay with HSA

The HSA works like a bank account for participants—with triple tax savings and investment opportunities. Participants spend their HSA funds on eligible expenses without waiting for approval. They choose how to pay with their HSA dollars—with their Benefits Card at the register, with an online payment to a provider, with an online payment to reimburse themselves for an expense they already paid, or via paper check (checks available for a fee).


Online Administration Processes

SimplyHSA comes with online administration processes that help employers manage the benefit efficiently and effectively. Online benefit administration access includes quick access to invoices, real-time reports, and workflows for enrolling new hires and terminating separated employees. Employers can submit contributions via an automated process that includes email notifications and reporting, or they can enter contributions for each individual in the administration website.

Automated Administration Processes

SimplyHSA comes with online administration processes that help employers manage the benefit efficiently and effectively. Online benefit administration access includes quick access to invoices, real-time reports, and workflows for enrolling new hires and terminating separated employees. Employers can submit contributions via an automated process that includes email notifications and reporting, or they can enter contributions for each individual in the administration website.

Automated Administration Processes

SimplyHSA comes with online administration processes that help employers manage the benefit efficiently and effectively. Online benefit administration access includes quick access to invoices, real-time reports, and workflows for enrolling new hires and terminating separated employees. Employers can submit contributions via an automated process that includes email notifications and reporting, or they can enter contributions for each individual in the administration website.

Automated Administration Processes

SimplyHSA comes with online administration processes that help employers manage the benefit efficiently and effectively. Online benefit administration access includes quick access to invoices, real-time reports, and workflows for enrolling new hires and terminating separated employees. Employers can submit contributions via an automated process that includes email notifications and reporting, or they can enter contributions for each individual in the administration website.


Compatible with Limited Health FSA

Enrolling in an HSA doesn’t mean participants have to give up their flexible spending account (FSA). While participating in a Health Care FSA makes a participant ineligible for an HSA, the Limited Health FSA is designed to complement the HSA. The Limited Health FSA can be used to pay for eligible vision and dental expenses and the HSA can be used for all eligible medical expenses. Employers who add an HSA benefit option are able to utilize our customer experience and compliance expertise to help transition administration and participation from a Health Care FSA to an HSA with Limited Health FSA.

Compatible with Limited Health FSA

Enrolling in an HSA doesn’t mean participants have to give up their flexible spending account (FSA). While participating in a Health Care FSA makes a participant ineligible for an HSA, the Limited Health FSA is designed to complement the HSA. The Limited Health FSA can be used to pay for eligible vision and dental expenses and the HSA can be used for all eligible medical expenses. Employers who add an HSA benefit option are able to utilize our customer experience and compliance expertise to help transition administration and participation from a Health Care FSA to an HSA with Limited Health FSA.

Compatible with Limited Health FSA

Enrolling in an HSA doesn’t mean participants have to give up their flexible spending account (FSA). While participating in a Health Care FSA makes a participant ineligible for an HSA, the Limited Health FSA is designed to complement the HSA. The Limited Health FSA can be used to pay for eligible vision and dental expenses and the HSA can be used for all eligible medical expenses. Employers who add an HSA benefit option are able to utilize our customer experience and compliance expertise to help transition administration and participation from a Health Care FSA to an HSA with Limited Health FSA.

Compatible with Limited Health FSA

LEnrolling in an HSA doesn’t mean participants have to give up their flexible spending account (FSA). While participating in a Health Care FSA makes a participant ineligible for an HSA, the Limited Health FSA is designed to complement the HSA. The Limited Health FSA can be used to pay for eligible vision and dental expenses and the HSA can be used for all eligible medical expenses. Employers who add an HSA benefit option are able to utilize our customer experience and compliance expertise to help transition administration and participation from a Health Care FSA to an HSA with Limited Health FSA.