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We love Lively because it is a venture-backed HSA with an intuitive user interface. It can also be used on mobile devices which is convenient for on-the-go access.
This is a great HSA for companies that want to have a single source of truth across their HSA management in one dashboard. They have paperless onboarding for new employees, automated alerts, and always on customer support.
Lively is one of the few venture backed companies in this space, which generally correlates with an easy to use technology interface.
Implementation starts by obtaining a referral code from a broker or sales rep. Then, you sign up your company on the Lively website. Once everything is set up, you invite your employees, and self-administer your HSA with help from Lively's support team.
Employers pay $2.95 per employee per month for Lively.