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HSA Program Cuts Out Paper

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Canopy Financial Inc. has introduced a Green Health Savings Account option.

Canopy, San Francisco, says the Green HSA will offer “a 100% paperless account,” relying on the Internet to handle processes such as account management, statement distribution and expense categorization.

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When HSA holders seek credit, Canopy will review the requests online and make decisions within a few minutes, Canopy says.