HSA On Demand® from ConnectYourCare
With HSA On Demand, participants can access their full year’s HSA contribution, including both employee and employer funds, at any time of year to pay for a qualified medical expense.
HSA On Demand benefits employers and employees
- Mitigates the HDHP Risk. HSA On Demand eliminates the largest barrier to employee adoption of HSAs and corresponding High Deductible Health Plans (HDHPs) – the fear employees have that they will not be able to cover out-of-pocket medical costs. HSA On Demand removes that risk by providing a safety net for pre-deductible expenses.
- Enables Full Replacement HSA/HDHP Plans. Employers considering the financial benefits of HSA-only plan designs can be assured that their population, including chronically ill and lower income employees, have the coverage they need.
- Easy to use! Funds are automatically accelerated when needed for an eligible
expense at point of sale.
- Peace of mind. Employers and employees take comfort in knowing their expenses are covered, and their budgets are secure