Health Savings Account (HSA)

AT ABA, REAL BENEFITS ARE EMPLOYER-FOCUSED PRODUCT SOLUTIONS PACKAGES compatible with your business’s current health plan (and any health plan carrier), plans that feature customizable choices and allow the purchase of á la carte components as you grow and change, all delivered by a company with more than 20 years of excellence in the marketplace. Finally, and perhaps most importantly, by purchasing an HSA from us, American Benefit Administrators helps you avoid “carrier lock”, meaning you can make the most of your budget by continuing to shop health plan rates.

Provide your employees with more spendable dollars from their paycheck.  The ABA HSA, used in combination with a qualifying High Deductible Health Plan (HDHP), offers you a new way to control health care costs.  Both the employer and employee can build the account.  Each can put money into the ABA HSA for current and future medical expenses.

Advantages:

  • Stays with the employee even if they change jobs.  Money continues to grow tax-free.
  • No “use it or lose it” conditions.  Money rolls over into the next year.
  • Reduces taxable income. The money remains tax-free when you deposit and withdraw for qualified medical expenses.
  • Pays for insurance deductibles, medical care and supplies that are not typically covered by medical insurance.

If you would like to explore our services and what we can offer contact us today at sales@americanbenefitadministrators.com.

“ I can’t thank you enough for working on this and getting it done so quickly! I know you have (plenty of) other things going on, so I seriously appreciate this!  ”
Senior Benefits Specialist PEO