It’s easy to fund your Health Spending Account!
Your HSA is funded monthly. On the first of each month, a predetermined amount will be withdrawn from your business bank account and held in trust with Olympia Benefits. Your funds will be used to pay employee claims as they are incurred. The funds always belong to you and may be returned to you at no cost.
You decide the monthly contribution with $100 as the minimum amount. We recommend you determine your monthly contribution by totaling the amount you plan to offer your employees and divide by 12. Using this method, there should be enough funds in the account to fund employee claims.
For more information on funding check out these articles by searching the titles in the Search Bar:
What is a PAC?
Group Funding Balance
How to Make an Online Payment