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



 

Information for Major Health Insurance Companies

For insurance carriers that want to deliver a comprehensive, integrated banking solution to members that select HSA compatible health insurance plans, partnering with a well-managed Trustee is essential.

Utilizing a fully functional banking platform, Open Solutions partners with large banks/trustees to power HSA solutions that provide flexibility, support portability and over the longer term provide for a wide range of investment options at the member level - all in an outsourced environment. Whether an insurance carrier is seeking a relationship with a single Trustee or multiple Trustees, Open Solutions can help with:

  • All service aspects including account processing (or recordkeeping) services
     
  • The types of relationships available
     
  • Revenue opportunities and how to negotiate your share of revenues
     
  • The characteristics employers require for their HSA programs—and how you meet those requirements

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



   

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