benefitsCONNECT has added HSA Bank Savings Account (HSA) administrator option in their system. The integration of HSA module will enable employees to apply for an HSA-compatible health plan and HSA with HSA Bank at the same time.
HSA offers a cost-effective solution to lower health care costs. It allows individuals to grow their money in HSA accounts and enables them to withdraw funds for eligible medical expenses. The good thing is that individuals can carry forward leftover funds into next year.
The HSA products and services will give brokers and agents a chance to increase their business.
benefitsCONNECT is a well know company. It has developed a web-based benefits enrollment and administration system. Their web based system allows employers to administer their benefits package through a single online portal. The company also develops in Internet-based software applications for the health insurance.
Tags: health care