HSA Bank Expert Review, Pricing, Alternatives - 2021

Listed in our research about the Top HSA Providers

Author Phil Strazzulla, HR Tech Expert, Harvard MBA, Finance and Software Nerd
Phil Strazzulla: HR Tech Expert, Harvard MBA, Finance and Software Nerd
October 18, 2021
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We love HSA Bank because of its ease of use. It is also easy to set up, enabling businesses to get started hassle-free.

What's Inside

HSA Bank Review

As the name suggests, HSA Bank has a broad offering of products that include HSAs, FSAs, and HRAs. They have over $7 Billion in accounts at any given time, and are backed by their parent company Webster Bank (NYSE: WBS). HSA Bank also has a handy HSA comparison tool on their website.

HSA Bank Customers

HSA Bank Stats

  • Partnered with 35,000 employers

HSA Bank Resources

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Buying HR Software? Here's some quick advice

Key HSA Bank Features

  • HSA custodian and administrator
  • Health insurance carrier neutral
  • Different investment options
  • 24/7 support
  • On-demand reporting

HSA Bank Implementation

Electronic enrollment takes one business day as long as employee files are correctly formatted. Paper applications take about two business days after HSA Bank receives them.

HSA Bank Customer Success

HSA Bank Key Integrations

HSA Bank will work with your payroll provider to ensure contributions are properly deducted.

What to be aware of

HSA Bank Pricing

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» Save Money: Check out our resource on how to save money when buying HR tools

HSA Bank Alternatives

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Custom integrations

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Manage 1 million employees' HSAs

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HSA leader

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Competitive interest rates

HSA Providers - LivelyLively

Automated tasks and processes

HSA Providers - FidelityFidelity

Fee-free HSA

HSA Providers - HSA BankHSA Bank

Quick and easy setup