Guide employees to smart day-to-day choices with ALEX HSA.

ALEX helps employees get the most out of their accounts.

In partnership with HSA Bank®, ALEX uses behavioral science to promote cost reduction and guides employees to smart day-to-day savings choices.

More than

90%

of large employers report helping employees become smart healthcare consumers is key to lowering their costs

Less than

$1,000

is contributed annually by the average person with an HSA

Meet a whole new way to HSA.

ALEX HSA is a first-of-its-kind suite of tax-advantaged accounts that drives behavior change and cost savings. It works by helping your employees fully understand their options and optimize their health savings.

Experts in engagement,
education, and behavioral science

20%

of Fortune 500
companies use ALEX

18+ million

employees trust ALEX to make benefits and savings choices

4 in 5

employees say ALEX helped them understand their options

Experts in compliance
and asset management

3rd

largest HSA
administrator in the U.S.

3+ million

individual accounts
under management

$9.4 billion

in assets under management through linked investment accounts as of August 2020

HSA Bank is a division of Webster Bank, N.A., Member FDIC

ALEX HSA guides employees’ behaviors to drive big financial outcomes.

ALEX helps employees discover new savings opportunities.

ALEX uses behavioral science to help employees take simple actions and use their benefits more effectively all year long.

Unlike traditional health savings accounts that just sit there, ALEX is a headache-free way to help your employees find new ways to boost their balances—saving your team time and money.

He nudges employees in the moments that matter.

Each time your employees visit ALEX HSA, they’ll receive guidance on how to best spend their funds—whether they’re seeing a doctor or paying for a prescription.

He helps employees save and manage all their ALEX accounts …

Commuter Benefits Support your employees on their daily commutes with tax-free transport dollars. Health reimbursement arrangements (HRAs) Cut costs by giving your employees an allowance for out-of-pocket medical expenses and premiums. COBRA Meet COBRA requirements by offering continuing coverage to employees who leave. b y Flexible Spending Accounts (FSAs) Save money on payroll taxes with an account to help employees cover out-of-pocket healthcare costs tax-free. Health savings accounts (HSAs) Prepare employees for future healthcare expenses & help them build a nest egg for retirement.

Commuter benefits

Support your employees on their daily commutes with tax-free transport dollars.

Health reimbursement arrangements (HRAs)

Cut costs by giving your employees an allowance for out-of-pocket medical expenses and premiums.

COBRA

Meet COBRA requirements by offering continuing coverage to employees who leave.

Health savings accounts (HSAs)

Prepare employees for future healthcare expenses and help them build a nest egg for retirement.

Flexible spending accounts (FSAs)

Save money on payroll taxes with an account to help employees cover out-of-pocket healthcare costs tax-free.

… and spend wisely with one convenient debit card.

Your employees deserve to feel confident about their healthcare choices.

Stop wasting healthcare dollars and start building employee confidence in smart decisions.

ALEX HSA uses your plan designs and benefits offerings to reinforce messages at the right time and get employees directly involved in their healthcare decisions.

36%

Bigger HSA contributions

Savings that just makes sense.

Successful saver

ALEX showed me how I’m overspending on prescription drugs—and what to do about it. It’s the most thoughtful banking experience I’ve seen.

Mandy G.
Real-life ALEX HSA Cardholder

I’m really excited about ALEX HSA. It will help our employees understand how to save and how to use their HDHP. It’s not about the low premium—it’s about how you utilize it.

Lee Cody
Benefits Manager
Community Choice Financial

Learn how to put ALEX to work.

Investment accounts are not FDIC insured and they are not bank guaranteed. Investment accounts are not a deposit account, or an obligation of HSA Bank, and they may lose value. They are not guaranteed by any federal government agency. Performance data and ratings represent past performance and are not a guarantee of future results. Investment returns and principal value will fluctuate and investors’ shares, when sold, may be worth more or less than their original cost.

Say hello to ALEX.