HealthEquity offers HSAs, HRAs, FSAs, and other financial services to individuals and employers, helping them save for healthcare expenses.
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:
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.
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