Why Choose HealthEquity?
Partnering with HealthEquity means a better choice for you and a superior experience for your employees.
Unmatched Account Service. - We can handle all processing and reporting for employee HSAs.
- HealthEquity Account membership guides.
- 24/7 phone and web support for employees.
- Debit card services.
- Employer portal to manage HSA contributions and reporting.
- 24/7 customer support
- Revolutionary PayChoice™ platform, which provides employees with easy options for paying their medical bills:
- Phone or web authorization to pay a provider claim
- Scheduling payments based on future contributions
- Record keeping and tax reporting.
- Lifetime claims and spending record -- permanent health care and financial records to enable future tax benefits.
24/7 access to Consultant Services by phone helps your employees better understand and manage the financial side of their health care.
- The best ways to pay health care bills
- Lowest cost prescription alternatives
- Cost information on a wide range of medical services
- Online tools to help employees research costs
Seamless integration. - Enrollment/Eligibility
- No separate forms required. Send us an electronic eligibility file and we take care of the rest.
- Claims and Payments
- HealthEquity has created a revolutionary integrated PayChoice™ payment platform that allows members to quickly and easily enter the information from their EOBs.
Health Plan Integration - HealthEquity is the only health account provider that provides the platform to integrate with any health plan in two to four weeks’ time. HealthEquity has integration down to a science, having completed more than 25 successful integrations with nationally recognized health plan providers.
Benefits of health plan integration: - Automatic population of claims into the account information. A consolidated view of claims with the HSA account is provided to simplify payment.
- Email notification to the employee when a claim is ready to be paid.
- Ability to have claims automatically paid from the health savings account.
- Formulary integration - we take the employee’s prescription drug claims, identify potential savings opportunities, and communicate those back to the employee.
Compare a HealthEquity HSA to what a typical HSA offers:
| | HealthEquity HSA | Typical HSA |
|---|
| FDIC Insured Account | X | X |
| Free Debit Card | X | X |
| Transaction Statements and Tax Documents | X | X |
| Online Bill Pay (PayChoice™) | X | |
| 24/7 Access to a HealthEquity Consultant | X | |
| Ability to schedule payments over time | X | |
| Prescription Drug and Medical Treatment Pricing Tools | X | |
| Employer Portal | X | |
| X | |
For more information, call our Employer Sales Group at 1-866-382-3510 or e-mail us at employersales@healthequity.com.