What is a Business HSA?

A Business HSA is a way for employers to assist employees with healthcare costs at a level they can afford. Employees purchase their own health insurance plans and open Health Savings Accounts. Employers contribute pre-tax dollars which may be used to pay for qualified medical expenses or saved for the future.

For Employers
To create a Business HSA program, employers must open a Business HSA account with eHealthInsurance and set their desired contribution levels for employees. Through our online portal, employers can easily add or remove future employees, adjust contribution levels, and make automatic contributions to their employees' Health Savings Accounts.

For Employees
To participate in a Business HSA program, employees must apply and be approved for coverage under an HSA-compatible health insurance plan. They must also open a Health Savings Account. The eHealthInsurance Business HSA program provides employees with an online resource to shop for HSA-compatible insurance plans, establish their own Health Savings Accounts, and track contributions and expenses.