Open Solutions: How to Launch a Health Savings Account Program Using an Outsourced Processor
 
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Why Outsource?



 

Information for Large Employers

Reducing healthcare costs is a Number 1 priority for many employers right now. Some are already offering HSA compatible High Deductible Health Plans. Many more are considering offering them. However all employers are different and therefore want different features and services for the HSA programs they want to offer their employees. Employers also have different approaches to paying for these services.

If you're planning to offer an HSA program to your employees make sure that the Trustee you partner with:

  • Can bring your program quickly to market with a feature rich offering that meets target dates and allows for enrollment in advance of that date.
     
  • Implements a program that contains all service aspects including account processing (or recordkeeping) services, transactional capabilities (debit card, ACH, check-writing), enrollment support, employer support, web and IVR access as well as call center support services. In addition, compliance and regulatory reporting support should be included within the solution as well as marketing support to enable employers to communicate the value of an HSA program to employees.

Make sure it's Open Solutions powering your HSA program!

If you want to get to market fast with a comprehensive HSA program for your employees contact us at 866.247.9724 or email hsa@opensolutions.com



   

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