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Any Bank/Credit Union can offer HSAs, but do you want to do it right?
In a recent survey, 3 out of 4 people had never even heard of a Health Savings Account (HSA). Yet in the month of January, more Americans set up a Health Savings Account (HSA) than in all of 2004 combined. In February, the number of participants doubled again. Financial Research Corporation released a report March 21st, 2005 estimating 8.2 million Health Savings Accounts with 50 billion in assets by the end of 2010. hsa Trustee Services considers these figures to be very conservative.
Health Savings Accounts are growing faster than anyone expected, and offering HSAs is also a great way for your institution to collect fee income via setup and monthly administration fees. But for your HSA program to be successful, proper setup is critical.
EDUCATION EDUCATION EDUCATION
If you want your bank/CU HSA program to be successful, you need to educate your business and personal clients on how the HSA program works and why they need to open an HSA. Educating them on the many benefits of the HSA program will bring you a customer that will be thankful and loyal.
By using HSA Clearing for your Full HSA Outsourcing, your customers will be fully educated and have all their questions answered by a leader in the industry. We'll provide any of the information below to help you in your marketing efforts:
· Letters
· Brochures
· Forms
· PowerPoint
· Agents in your area able to provide qualified HDHP insurance
· Press releases
· hsa Insider
· hsa Road Rules
· Website
· Website promotion
· 800 number
· 12 hour customer service
· Discount Drug Card
· Investment options (coming soon)
· Section 125 plan
· IRS updates
· Help with seminars and speakers
hsa Trustee Services has been opening HSAs since January 2004, and if our marketing has worked for us, there's no reason it won't work for you. For more information please visit HSA Clearing Corp or call 262-348-1300 or email info@HSAClearing.com
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