What You Need to Know

Citizens Bank HSA Advantages

Comprehensive employer support
FDIC-insured HSA deposit account
Citizens Bank HSA Debit MasterCard®
Online HSA banking
eStatements
Prescription Discount Card
HSA PhoneBank customer support
Ongoing education and support
Employee portal and support

What are the benefits?

Lower health benefit costs

A High Deductible Health Plan (HDHP) exchanges a higher deductible for a lower premium cost. The Citizens Bank HSA is the financial component of an HDHP/HSA program. A 2010 survey found that HDHPs had lower average premiums than HMOs, PPOs, and POS plans. The survey also found that 25% of employers rate CDH plans as "very effective" in controlling the cost of health insurance.

Employees have more cost control

Employees own their Health Savings Accounts. There are no "use it or lose it" rules with HSAs. Any unused HSA funds roll over automatically at the end of each year. Employees can use the money in their Citizens Bank HSA for any current or future qualified medical expenses or for expenses incurred during retirement. They decide when, how, and where to spend the money in their HSAs.

Designed to motivate healthy lifestyles

The Citizens Bank HSA gives employees a financial incentive to spend their money wisely. Any HSA money they don't spend remains in their account and continues to grow tax-free. The less money employees spend on healthcare, the more they may be able to accumulate in their HSAs.

Comprehensive HSA services and support

Citizens Bank will work with you to set up the right HSA solution for your company. We help with program setup, employee education, enrollment, and ongoing program support. We provide ongoing education and dedicated customer support through the Citizens Bank HSA PhoneBank. To get started today, call 1-888-784-4584.

HSA Home > Employers > What are the benefits?
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 Citizens Bank HSA Advantages Comprehensive employer support FDIC-insured HSA deposit account Citizens Bank HSA Debit MasterCard® Online HSA banking eStatements Prescription Discount Card HSA PhoneBank customer support Ongoing education and support Employee portal and support What are the benefits? Lower health benefit costs A High Deductible Health Plan (HDHP) exchanges a higher deductible for a lower premium cost. The Citizens Bank HSA is the financial component of an HDHP/HSA program. A 2010 survey found that HDHPs had lower average premiums than HMOs, PPOs, and POS plans. The survey also found that 25% of employers rate CDH plans as "very effective" in controlling the cost of health insurance. Employees have more cost control Employees own their Health Savings Accounts. There are no "use it or lose it" rules with HSAs. Any unused HSA funds roll over automatically at the end of each year. Employees can use the money in their Citizens Bank HSA for any current or future qualified medical expenses or for expenses incurred during retirement. They decide when, how, and where to spend the money in their HSAs. Designed to motivate healthy lifestyles The Citizens Bank HSA gives employees a financial incentive to spend their money wisely. Any HSA money they don't spend remains in their account and continues to grow tax-free. The less money employees spend on healthcare, the more they may be able to accumulate in their HSAs. Comprehensive HSA services and support Citizens Bank will work with you to set up the right HSA solution for your company. We help with program setup, employee education, enrollment, and ongoing program support. We provide ongoing education and dedicated customer support through the Citizens Bank HSA PhoneBank. To get started today, call 1-888-784-4584.	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