Citizens Bank® HSA

Take more control with Citizens Bank

Discover how a Citizens Bank HSA program can help your company reduce costs.

What You Need to Know

HSA Employer Profile: Joe's Coffee

Last year, Joe's Coffee rolled out a Citizens Bank HSA program. The company contributed a portion of its premium savings from the HDHP to the employees' tax-advantaged HSAs. After one year, Joe's results include lower premiums, reduced absenteeism, and increased productivity.

Joe's Coffee Health Plan Comparison

	$427,000	Annual Premiums for Prior Traditional Plan

	$336,000	Annual Total HDHP Premiums
+	$9,700	Annual Total Company HSA Contributions
+	$2,000	Cost for Wellness Challenges

=	$347,700	Total Annual Cost for New HSA Solution

=	$85,300	First Year Savings

Sample illustration. Your results, premiums, and any cost savings will differ. Consult your tax advisor.

What is the HSA program?

A fast-growing type of health benefit

An HSA combined with an HDHP

Tax-advantaged Health Savings Accounts

The right HSA solution for your company

What are the benefits?

Lower health benefit costs

Employees have more cost control

Designed to motivate healthy lifestyles

Comprehensive HSA services and support

How does it work?

Individual HSAs are established and funded

HSA funds pay for qualified medical expenses

Employers can make HSA contributions

FDIC-insured up to allowable limits