MotivHealth Now Offerers Our Own HSA.
MotivHealth has exciting news that will elevate the way we engage our members. Effective January 1, 2020, MotivHealth will be administering our own HSA accounts. This means that both medical and HSA benefits are now unified and systemized under the member and employer portals. Bringing HSA Administration in-house has many advantages:
- Better user experience.
- Faster deposits and funding of HSA contributions.
- Simplified administration of the entire medical benefit process.
- Enhanced incentive options to fund the HSA.
- The MotivHealth HSA is free to our clients / members.
There are some obvious efficiencies to coordinating both the medical and financial aspects of your HSA. From a time-saving, reporting and administrative standpoint alone, this is a major benefit that you will quickly realize. Perhaps you’ve noticed the money-processing delay involved in depositing to and utilizing funds from the HSAs. MotivHealth’s one-stop approach alleviates much of that so that funds facilitate quicker and all data is available in one spot.
While we understand that changing HSA administrators requires some light lifting, we know that our members will ultimately have an enhanced experience with their HSA and employers will save time and money. (Did we mention that the MotivHealth HSA is FREE?) Again, streamlining the process to an all-inclusive member profile, real-time reporting, and better coordination between the insurance and HSA transactions will absolutely be worth the transition effort.
What do you need to do?
We’re simply informing you of this change, giving you the opportunity to learn more about the advantages of a unified, smoother HSA Administration process. We will be reaching out again to answer any questions and discuss how you may proceed to make this change and take advantages of the efficiencies this offers you.
In an effort to assist you in the transition towards the MotivHealth HSA we’ve developed a FAQ document (HSA FAQs) and an entire MotivHealth HSA information page (HSAs Overview). These will assist you when discussing the MotivHealth HSA with your employees. Additional assistance can be found by contacting your account manager, and we can also have you speak directly with your new HSA Administration team.
We appreciate our affiliation with you and your company. As an organization committed to lowering costs, improving employer benefits, and growing health savings, we are thrilled to be offering our own MotivHealth HSA and look forward to helping you facilitate these benefits.
In an effort to assist you in the communication of the MotivHealth HSA, we’ve provided you with a Broker FAQ document. This document will provide you with valuable information that should assist you when discussing the MotivHealth HSA option with your clients. Additional assistance can be found by contacting the MotivHealth sales team. For large group questions, please contact Chance Peterson at email@example.com or for small group questions, contact Chase MacKay at firstname.lastname@example.org.
We thank you in advance for your assistance in this regard. As an organization committed to lower costs, improving employer benefits, and growing health savings, we are thrilled to be offering our own MotivHealth HSA.