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Health Savings Account (HSA) for Employers
Provide your employees peace of mind by offering guidance on how an HSA deposit account can help cover out-of-pocket medical costs like doctor visits, prescriptions, vision, and dental care.
HSA Account Holders Enjoy a Variety of Benefits:
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No account minimums
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Special HSA Debit Mastercard® Debit
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Contributions are tax-deductible
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Balance rolls over each year
Interested in offering HSAs to your workforce? Contact your local branch, and a business advisor will help you share these benefits with your team.
Improve Your Productivity
Offering HSAs to your employees is proven to improve morale while saving money for your business.
Leave the Paperwork to us
Horizon will provide all contribution-related tax paperwork needed for filing purposes. Consult tax professional for required documents
Advantages of offering an HSA
Save On Insurance Packages
Pay less for HDHP plans, bypass taxes, and use the premium savings to fund your workforce's HSAs.
Cover Medical Expenses
HSA funds can be used for a wide range of healthcare-related expenses not typically covered by other healthcare accounts.
Offer More Options
Offer HSAs along with your other benefits packages to incentivize more talent to join your company.
(HSA) Health Savings Account FAQs
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What Are the HSA Contribution Limits?
The total amount you or your employer may contribute to an HSA for any taxable year depends on whether you have individual or family coverage under a high-deductible health plan.
2026 HSA Contribution Limits: Self Only: $4,400; Family: $8,750. If you are 55 or older, add the catch-up contribution — standard annual limit plus $1,000.
As always, employer contributions count toward this total annual limit, and you must be enrolled in an HSA-eligible high-deductible health plan (HDHP) for the coverage type (self-only or family) you use.
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I'm Self-Employed. Am I Still Eligible for an HSA?
Self-employed people may have an HSA. Self-employed individuals are often perfect candidates for an HSA. HSAs are ideal for the self-employed for the following reasons: Often, High-deductible insurance plans contain significant premium costs, and HSAs can be a useful cost management resource for the employer. The employer is protected from substantial healthcare expenses. The HSA may provide for both retirement and medical expenses.
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What are the advantages for your business?
Health Savings Accounts (HSA) are compatible with any qualified high-deductible health plan, so you don't have to change your HSA provider if you change your insurance provider.
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What are the benefits for your employees?
Control - Your employees have control of their money. They decide whether to save it or use it for medical expenses. They can also choose which expenses to pay from the account.
Flexibility - HSA funds can be used for a wide range of healthcare-related expenses not typically covered by other health care accounts, such as purchasing long-term care insurance.
Easy payment tracking - A Mastercard HSA debit card makes payment easy, and spending can be tracked via secure online banking or mobile app.
Ownership - The money your employees save will remain with them regardless of employment status. An HSA is a lifetime account that is not tied to any one health plan or employer.
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