A new program enables employees to enroll in a health savings account and a HSA-compatible health plan at the same time.
Under the arrangement, HSA Bank, a national bank in Sheboygan, Wisc., has been added as a health savings account administrator option on the platform of BeneTrac, San Diego. The system enables BeneTrac to transfer enrollment information to HSA Bank, according to BeneTrac.
BeneTrac, a unit of Paychex Inc., Rochester, N.Y., provides Web-based electronic enrollment and employee benefits administration software.
HSA Bank is a division of Webster Bank N.A.