Are HSAs worth the effort for TPAs?
Despite the growing popularity of HSAs, third-party administrators remain cautious, unsure whether HSAs can be profitable.
By Katie Kuehner-Hebert
HSA administration is more scalable than the management of flexible savings accounts, as HSA administrators can dedicate fewer resources to such personnel and hardware.
As the explosive growth of health savings accounts continues, third-party administrators are considering whether it’s worth it to offer HSA management services, according to a DataPath white paper, “How TPAs Can Overcome Potential Pitfalls to Deliver a Unified HSA Experience and Maximize Earnings.”