Account-based Benefit Solutions

Account-based Benefit Solutions

HSA Bank offers many benefits for employers. By encouraging employees to sign up for an account-based benefits solution, employers will save on premiums, taxes, and claims. Education helps employees understand and value their health benefit programs, but effective plan design goes a long way, too.

Health Savings Account (HSA)

Health Reimbursement Arrangement (HRA)
• First Dollar HRA
• Stacked or Member Deductible HRA
• Coinsurance HRA
• Wellness Incentive HRA
• Retiree HRA

Flexible Spending Account (FSA)
• Health Care Flexible Spending Account
• Limited Purpose Flexible Spending Account
• Dependent Care Flexible Spending Account

Premium Reimbursement Account (PRA)

Add-on Product:
Commuter Benefits, to include Mass Transit and/or Parking Accounts

What do these accounts have in common? Money goes into and comes out of these accounts tax-free to pay for qualified medical expenses.

How do they differ? The plans vary based on what type of insurance plan they work with, who owns the account, and who can deposit money into the account.