Pairing Paytient with HSAs and FSAs
Providing employee health benefits comes with a lot of responsibility—and acronyms.
Paytient’s interest-free line of credit makes it easier to access and afford care and works alongside existing HSAs or FSAs. After each transaction, employees can choose to repay via payroll or link a tax-advantaged account to pay off their balance with pre-tax dollars.
Whether planned or unexpected, healthcare decisions are also financial ones.
Why Pair Paytient with an HSA?
Paytient makes additional funds available to supplement employees’ existing HSAs, creating financial flexibility so members can make the most of their tax-advantaged accounts.
- Employees can use Paytient to pay for care before they have accrued sufficient HSA balances.
- If an employee’s goal is to take advantage of the compounding effects of investing their HSA dollars, they can use their Paytient credit line to cover costs and let their savings grow.
- When using Paytient, employees aren’t required to follow the same qualifying expense guidelines as HSAs or FSAs, so employees can use their Paytient card to address care costs that might not normally be covered.
Paytient and HSAs aim to make wellness affordable and accessible, but when used together, they brighten your employee’s financial and physical outlooks in the present and future.
Why Pair Paytient with an FSA?
FSAs are a great complement to Paytient members when they’re used in tandem.
Paytient can help pick up the slack when FSA funds run out. Employees should spend all their funds before the next enrollment period because FSAs are a “use it or lose it” benefit.
And when that account is tapped, Paytient provides a convenient, interest-free safety net for care consumers. Paytient members receive a virtual or physical Visa card with a credit allowance that can be used and repaid over and over again throughout the year.
Paytient pairs easily with any health plan.
With a Paytient Health Payment Account, employees can pay for care for their whole family — including pets. After each transaction, they choose an interest-free payment plan that fits their budget.
- On-demand line of credit with a limit set by the employer.
- Pays for medical, dental, vision, pharmacy, and/or vet care.
- No credit check promotes equitable access.
- Providers are paid in full.
- Employers are not on the hook for unpaid balances.
Paytient pairs easily with any health plan, can be introduced off-cycle, and compliments HSAs/FSAs and other financial wellness benefits.
Educational resources
Why Using an HPA + HSA is Smart Personal Finance
Managing healthcare costs can feel like a financial tightrope walk. One unexpected bill can throw off your entire budget, and even with insurance, the out-of-pocket costs can pile up fast. That’s why having the right tools in place—like a Health Payment Account (HPA) and a Health Savings Account (HSA)—can make all the difference.
Maximizing Financial Wellness: Why HPAs and HSAs Are Better Together
Managing healthcare costs doesn’t have to feel overwhelming—especially when you have the right tools in your wallet. Health Payment Accounts (HPAs) and Health Savings Accounts (HSAs) are two powerful options that are often treated as standalone solutions, but here’s the thing—they’re even better when they’re paired together.
Make the Most of Your Healthcare Benefits in the New Year
The start of a new year is the perfect chance to hit refresh—especially when it comes to your healthcare benefits. If you have employer-sponsored insurance, you probably know the basics like premiums, deductibles, and copays. But here’s the thing: your benefits package likely holds more value than you realize. By uncovering hidden perks and learning how to make the most of your coverage, you can set yourself up for a healthier, wealthier, and more stress-free year. Ready to make your benefits work harder for you? Here’s your quick guide to maximizing them like a pro!
Smart Healthcare Financial Planning: Tips to Secure Your Health and Your Wallet
Healthcare isn’t just about getting and staying physically well—it’s about being financially prepared, too. But, uncertainty around healthcare costs makes it easy to feel overwhelmed. Luckily, with a few smart strategies, you can take control of your finances, make the most of your benefits, and build a solid foundation for a healthier, more secure future.
Maximize Tax-advantaged Accounts Like a Pro (Paytient Can Help!)
Saving for healthcare is an important part of your personal financial plan. Tax-advantaged accounts like an HSA or FSA are important tools to lower your taxable income while setting money aside for care. However, a lot of people aren’t sure when to use an HSA vs. an FSA or how their Paytient card works with these accounts to put you in a better position to afford current and future healthcare costs.
The Simple Guide to Making Confident Health Insurance Decisions
Too many smart, capable, and downright gifted people feel completely overwhelmed by the annual arrival of open enrollment. Choosing a health insurance plan can feel as intimidating as a trip to the dentist—especially if you don’t know where to start. And here’s the thing: most people don’t know the first thing about health insurance. That’s where we come in.
Download our Quick Start Guide for free.
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