HSAs for Employers

Permission to Exhale

Employers taking advantage of Bend HSA account benefits for employee healthcare

With the Bend FDIC-insured HSA, you can offer employees a great HSA — without adding to your workload or burdening your team. The result? More motivated employees and greater savings for you and your teams.


Program benefits at a glance

Our dashboard gives you a quick view into your program. The following data is presented in a quick-to-review format:

  • Tax savings to date; upcoming tasks
  • Your employer contributions to date and planned
  • Your employees’ contributions to date and planned
  • Employees’ contribution growth and their savings growth
  • Other important information

Simplifying your day

Bend helps reduce the headache of managing an HSA program through automation. And with our integration into payroll, even frequent payroll updates are automated so you don’t have any additional workload to manage. This simplification begins with the implementation, which is easy, automated and most often is completed in 1 hour or less.

Helping you help your employees

Bend leverages artificial intelligence and machine learning to support and engage users at a deeper level by recognizing patterns and suggesting optimizations.

Proactive HSAs engage employees, ranging from non-funders to active HSA participants, and help keep accounts from lying dormant. When there’s a consistent effort from and HSA to educate and assist employees on how to maximize savings, they are better positioned to reap the benefits of saving for their health-related costs long term.

The three characteristics of a powerful HSA offering provide employees with the financial savings security blanket and short-term tax savings while also helping make healthcare costs more affordable.

Leverages technology – Most HSAs are simply an online deposit account designed for debit transactions. However, and HSA with robust technological capabilities, such as artificial intelligence, is able to understand and anticipate an employee’s unique spending habits and situations and then make actionable recommendations to educate them on how to maximize their HSA funds. Artificial intelligence can satisfy the need for ongoing education for the majority of employees that don’t understand how to maximize their tax savings through the HSA.

Simplifies administration and HSA enrollment – Too often, employers don’t receive adequate support from HSA providers in administering the accounts to their employees. An HSA provider that automates payroll management and simplifies both the administration and implementation of the accounts, as well as the enrollment of employees, will make for a more satisfying experience and preparation for the inevitable increases in out-of-pocket healthcare costs as retirement approaches.

Doesn’t let accountholders get complacent – The reactive nature of HSAs only hurts employees in the long run by allowing them to get complacent in how they either contribute to their HSA or let it sit inactive. Proactive HSAs that actively engage account holders with timely nudges, such as reminders to contribute, as well as document eligible expenses for future reimbursement, will help ensure each account holder is on a journey to optimizing their contributions and maximizing their savings. Currently available technology not only enhances savings opportunities, but also maximizes the capturing of eligible expenses and will ensure the accountholder takes full advantage of the triple tax savings that only an HSA can provide! This same technology also automates payroll management and administration of HSA related tasks.

Even for active HSAs, there’s much room for growth. In 2017, one-third of active HSAs received no contributions and only 15 percent of employees maxed out their HSA contributions. With timely nudges or messages, employers can encourage consistent and optimal financial savings from their employees.



Leading the way to financial health

And because Bend makes it easy for employees to identify eligible expenses and increase their pre-tax payroll contributions as they go, it leads to a growth in employee contributions. The more employees make an HSA contribution, the lower your payroll taxes and the greater your FICA tax savings.

Bend HSA pricing for employers

Bend is offering a great pricing option for employers who sign up soon. You can lock in a low rate of just $1.75 per employee per month by signing up now. For questions about pricing or for custom pricing quotes, please contact sales. If you're ready to go now, click "sign up now" below.

There are no monthly fees that apply to the individual accountholder. Click here to review accountholder pricing.

Would you like to talk to sales?  Request a demo, or learn more about our innovative HSA?  Click here to send your request in.

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