The process for setting up an employee health savings account is simple

Determine your  Plan Eligibility

Enroll your team in an HSA-eligible plan option. For large employers, this is usually a group-sponsored health insurance plan.

Encourage your Employees  to Open an HSA

Unlike FSAs, HSAs are owned entirely by the individual, or in this case, the employee. The first step in this process is fully explaining the tax benefits of HSAs to your team.

Decide how much to Contribute

This can be $0, or it can be any amount up to the contribution maximum. Contributions made towards an employee’s HSA are income tax-deductible.

Work with an HSA Administrator to manage contributions & tax liability

If you choose to contribute towards an employee HSA, the entire process can be administered by the financial institution that opened the account