What is the HSA program?

A fast-growing type of health benefit

At the start of 2011, more than 11.4 million Americans were covered by HDHP/HSAs. They are the fastest-growing type of CDH plan and are expected to grow even faster under the Patient Protection and Affordable Care Act. An HDHP generally has lower premiums and a higher deductible than traditional health plans.

An HSA combined with an HDHP

The Citizens Bank HSA is designed to work with a High Deductible Health Plan (HDHP). HDHP/HSA programs are part of the Consumer-Directed Healthcare (CDH) trend in health benefits. They share more of the responsibility for the cost of health coverage with the employee. They can also offer more choices, control, and potential savings.

Tax-advantaged Health Savings Accounts

Health Savings Accounts are individually owned accounts. Employees can to set aside money for out-of-pocket medical expenses incurred before the HDHP deductible is reached. HSAs can be funded tax-free, up to allowable limits. Balances grow tax-free. Withdrawals are also tax-free as long as the money is used for IRS-qualified medical expenses.

The right HSA solution for your company

Citizens Bank is a leading financial institution. We have more than 180 years of experience providing solutions and support for thousands of companies. The Citizens Bank HSA program is designed to fit the unique needs of your company. We provide the experience, products, education, tools, and dedicated customer support you need for a successful HSA program.

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HSA Home Employers What is the HSA program? What are the benefits? How does it work? FAQs Tools Employees Individuals Account Holders	What You Need to Know Watch the HSA Solution Movie Learn about Citizens Bank Contact us to learn more at 1-888-784-4584 CDH Plan Components What is the HSA program? A fast-growing type of health benefit At the start of 2011, more than 11.4 million Americans were covered by HDHP/HSAs. They are the fastest-growing type of CDH plan and are expected to grow even faster under the Patient Protection and Affordable Care Act. An HDHP generally has lower premiums and a higher deductible than traditional health plans. An HSA combined with an HDHP The Citizens Bank HSA is designed to work with a High Deductible Health Plan (HDHP). HDHP/HSA programs are part of the Consumer-Directed Healthcare (CDH) trend in health benefits. They share more of the responsibility for the cost of health coverage with the employee. They can also offer more choices, control, and potential savings. Tax-advantaged Health Savings Accounts Health Savings Accounts are individually owned accounts. Employees can to set aside money for out-of-pocket medical expenses incurred before the HDHP deductible is reached. HSAs can be funded tax-free, up to allowable limits. Balances grow tax-free. Withdrawals are also tax-free as long as the money is used for IRS-qualified medical expenses. The right HSA solution for your company Citizens Bank is a leading financial institution. We have more than 180 years of experience providing solutions and support for thousands of companies. The Citizens Bank HSA program is designed to fit the unique needs of your company. We provide the experience, products, education, tools, and dedicated customer support you need for a successful HSA program.	HSA Account Access Access your Citizens Bank HSA HSA Customer Service Call us at 1-888-784-4584 Branch/ATM Locator Find a Local Branch Over 1,480 branches close by