Saving money for current and future healthcare expenses is a savvy financial decision.
To help your workforce get the most of their health care dollars, arm them with tools and resources to maximize their money. Health Spending Accounts (HSAs) provide a safety net for spenders and a long-term wealth management tool for savers...and covers everyone in between.
Why MyChoiceTM Accounts?
We believe technology should work smarter, not harder. We built a platform that solves for common HSA headaches—such as pre-authorizations before account opening (CIP) and closed-loop payroll—ensuring administration of these important accounts is seamless. All so your employees have the access they need to spend AND save for their healthcare needs.
Putting HSAs to Work
HSAs allow participants to set aside money on a pre-tax basis to pay for qualified medical expenses. It is only available to those who have a high-deductible health plan (HDHP) and helps them accumulate funds to cover eligible expenses until they reach their deductible.