Integration of Wellness Incentive Contributions with Health Care Accounts
Hassle-Free, Integrated Wellness-Incentive Contributions
Let hassle-free wellness incentive contributions integrated with your HealthEquity®
health savings accounts (HSAs) or health reimbursement arrangements (HRAs) save you time and money and increase participation in your wellness initiative.
For health plans: Integrated HealthEquity wellness incentive contributions let you easily offer a wellness initiative to employer groups bundled with your HSA-qualified plan and/or HRA offering, or even a standalone health incentive account (HIA). An integrated offering can encourage employer clients to sign on and to stay with your plan offerings.
For large employers: Integrated HealthEquity wellness incentive contributions can save time and money, increase participation in your wellness initiative, and help reduce your medical costs.
HSA, HRA, and HIA contributions are tax-advantaged, so employers realize tax savings when compared to cash-based incentive programs. They also allow employers to give employees tax-advantaged financial rewards for participating in wellness activities along with added incentive to improve their personal health and well-being.
Benefits
- Promotes your wellness program to participants when they have health care on their minds—when they’re on the HealthEquity member portal or speaking to HealthEquity Member Services specialists.
- Integrates with multiple providers, including the health plan, wellness program administrators, and employers and supports automated contribution processing through simple, secure file transmission via SFTP.
- Handles your wellness program’s unique variations and needs—supports incentive contributions for all employees and works with different account types—HSA, HRA, and/or HIA—and deposit priorities, activities, amounts, and business rules to ensure consistent access, education, and communication.
- Automatically keeps participants informed through online incentive contribution and transaction histories and monthly statements.
- Easily and automatically keeps employer clients informed through a variety of online reports that show which employees are participating, along with program and contribution details.
Discover Hassle-Free, Integrated Wellness-Incentive Contributions Today
Contact your HealthEquity partner relationship manager or call 866.352.3510 to learn more.
Employer-provided wellness incentive contributions to health care accounts may be subject to comparability or nondiscrimination requirements. Please consult your legal and tax advisers about the design of your program.