If you’d like to make a purchase using your FSA or HSA, but aren’t sure if it’s eligible, download our app! The Advantage Administrators app has an Eligible Expense Scanner that lets you know what you can and cannot use your benefit card on. The Advantage Administrators app is available in the Apple App Store...
Health Savings Account (HSA)
Health Savings Accounts (HSA) allow participants to set aside dollars for qualified out-of-pocket health care expenses, up to a maximum contribution amount set by federal limits. It can only be used with a qualified High Deductible Healthcare Insurance Plan (HDHP). It is set up with a partner bank and the money in the account always stays with the employee. The dollars in the account are only available for reimbursement as they are funded.
When setting up an HSA with Advantage Administrators, not only are you allowed to set up an HSA account, but we also include at no additional charge
- Debit Cards
- Investment Options
- Online Access to HSA Accounts