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HSA Overview for Brokers and Agents

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Simple setup.

Seamless implementation.

Superior service.

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SelectAccount makes HSAs easy for you - and your clients

Health savings accounts (HSAs) are on the rise as an important part of employee benefit packages because they provide a financial cushion to help employees with increasing deductible limits, while keeping costs down for employers. HSAs allow employees to save on medical expenses tax-free while companies save money with reduced payroll taxes – a win-win for both.

Employers save money, time

SelectAccount’s HSA plan is easy to implement and offers valuable benefits, including:

retire-green-on-white.png Extra savings — Not only will employers see reduced payroll taxes, they could also save on their portion of health insurance premiums.
retire-green-on-white.png Reduced administration — Employees can manage their account from any mobile device and enjoy the convenience of a simple claims and reimbursement process.
retire-green-on-white.png Enhanced benefits package — Employers are better able to attract and retain employees with a product that helps employees pay for and save for health care now and in the future.

Outstanding support for you and your clients

Your clients and employees receive 24/7 support to ensure they’re getting the most out of their HSAs. Our high-touch service model provides one-on-one training sessions and a whole team of account executives and customer service representatives. This ensures seamless administration and empowers employees to take an active role in their health care spending decisions.

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Each HSA account comes equipped with:

  • Zero fees for:
    • Account opening and closing
    • Replacement debit card(s)
    • Over contribution fees
  • Online and paper account enrollment and tax statements
  • Debit Card
  • Automated Clearing House (ACH) or check contributions and withdrawals

The SelectAccount difference

For 28 years, SelectAccount has served as a trusted industry innovator with a deep understanding of health plan benefit design and administration. You get:

  • Best-in-class customer service
  • Low fees and high interest rates
  • State-of-the-art reporting, marketing and branding capabilities

User-friendly tech and tools make it easy for your clients to manage their HSAs 24/7

  • Portals – broker, employer, member
  • SelectAccount mobile app
  • Debit card – simple, seamless and smart.
    Funds draw from designated health spending account(s) automatically. Free cards with no fees.




Learn more. Talk to a health care spending administration expert.




Your SelectAccount sales representative can provide you with more information.


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