Our Process
FlexHSA makes applying and managing your HSA simple.
Here are the steps to ensure that you properly establish your HSA.
Step 1: Make sure you have a qualified HDHP.
To have an HSA, you must have a qualified High Deductible Health Plan (HDHP) in place.
These plans can be purchased through your employer or individually.
Qualified HDHPs must meet specific benefit limitations as outlined by the Internal Revenue Service (IRS).
To learn more about the qualified HDHP benefit limitations, visit our
HSA Help section.
We can also help you obtain your qualified HDHP, by visiting our
Get a Health Quote page.
Step 2: Apply for an HSA.
Establishing a qualified HDHP does not automatically open your HSA.
Employees and individuals can apply for an HSA with FlexHSA by visiting our
Apply Now page.
Step 3: Your HSA opens.
Within one week, your FlexHSA will be opened and you will be able to start accessing your account.
You will also receive a welcome kit with detailed product information, as well as your FlexMoney™ Card
(in a separate mailing).
Step 4: Using your HSA.
To use your FlexHSA, the FlexMoney™ Card is a debit card that can be used for healthcare expenses.
In addition, you can access and manage your HSA online 24/7 for banking, as well as self-directed investments,
by visiting our
Access Your HSA page.
Step 5: Tax considerations.
If you contribute money to your HSA, you will be able to deduct these contributions from
your gross income when filing your federal income taxes. You can access the appropriate tax
documents online by visiting our
Access Your HSA page.