HealthEquity
HealthEquity: HSA Provider
HealthEquity offers HSAs, HRAs, FSAs, and other financial services to individuals and employers, helping them save for healthcare expenses.
What is HealthEquity?
HealthEquity is one of the largest health savings account (HSA) providers and administrators in the United States. The company focuses on empowering people to build health savings by providing an ecosystem of integrated services to manage health savings accounts, flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), COBRA administration and more.
Founded in 2002, HealthEquity manages over 6.4 million accounts for individuals at over 95,000 companies nationwide. The platform lets users view balances and transactions, upload receipts and access customer service tools from desktop and mobile devices. Users can invest HSA funds and spend them via the HealthEquity debit card at healthcare providers like doctors’ offices, dental and vision care centers, and pharmacies.
Key features and services HealthEquity offers include:
- HSAs, FSAs and HRAs for individuals and employers
- 24/7 member support and online tools for account management
- Integration with over 45,000 health plans and systems
- Investment advising and retirement strategies for HSA savings
- Access to COBRA and Medicare applications
As one of the pioneers in the HSA administration space with two decades of experience, HealthEquity manages over $18 billion in assets and about 25% of the total HSA market. It continues to expand partnerships across health plans, payroll companies, benefits brokers and more to drive access and adoption of HSAs and consumer-directed health plans.
HealthEquity Features
Features
- Health savings accounts (HSAs)
- Health reimbursement arrangements (HRAs)
- Flexible spending accounts (FSAs)
- Investment options for HSA funds
- Integrations with health plans and payroll systems
- Online member portal
- Mobile app
Pricing
- Free
- Subscription-Based
Pros
Cons
Official Links
Reviews & Ratings
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