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Employer HSA Solution
Features
Customer Service
One point of contact for everything related to HSAs, including health insurance, banking and investments (optional)
A fully-dedicated client service team to assist HSA spenders and savers
Account Access
A consolidated, online view of your total HSA
Online statements available 24/7 and are updated daily
The ability to create your own access ID and password to manage your FlexHSA online
FlexHSA monies are held in an interest-bearing FDIC insured account with the Northern Trust Corporation
Account Management
Access to your funds through the FlexMoney™ Card. Just like any other debit card, you swipe this card at your pharmacy or doctor’s office to pay your healthcare expenses – tax-free – directly from your HSA.
Electronic contribution capabilities for automated deposits – including employer contributions
The ability to self-direct your HSA investment funds into a wide range of investment options
Automatic movement of funds from savings to investments, and back
The ability to automatically transfer funds, at no additional charge, from your HSA to your personal checking account(s) to access your funds, reimburse yourself or pay for healthcare expenses
FlexHSA offers the option of investments through a self-directed investment platform – Portfolio Online – with expanded information at your fingertips and the ability to make systematic investments in your HSA portfolio
Morningstar Online Tools for Mutual Funds
HSA calculators and decision support tools for managing your account
ClaimsVault™ – an electronic shoe-box that lets you enter and electronically store distributions and receipts for as long as your FlexHSA remains active
Tax forms that you can view, print and complete online