Lane Health
Card with
a Heart™¹
A single solution for all the consumer benefit spending accounts you offer
The exclusive Lane Health HSA offers your employees greater peace of mind, makes bill paying simpler, more budget friendly and cost effective.
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Inclusive
We serve all HDHP members with no contributions required. On-demand, swipe-and-go access to a line of credit with no credit checks.
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No risk to employers
The Advance2 line of credit is funded through Lane Health with no risk to the employer.
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More attractive HDHPs
Our HSA Advance offers employees greater financial protection with predictable pre-tax repayments, making high deductibles health plans less scary.
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Employer cost savings
Lower health plan costs and payroll taxes.
High deductible health plans have advantages
Finally, there’s an innovative solution that allows employers to promote High Deductible Health Plans to their employees, confident that they’ve addressed key cashflow concerns. Our HSA Plan program is fully integrated with other tax advantaged spending accounts (Health Reimbursement Arrangements Account, Flexible Spending Accounts, Dependent Care, and Commuter), so you can take advantage of all the programs that help your employees pay their bills on a more affordable pre-tax basis. Additionally, our Health Savings Account Solution enables employers to save on any type payroll tax deduction.
Benefits for your employees
The Lane Health HSA provides a new source of financial protection and bill paying capacity for employees’ healthcare expenses. With most HSAs, employees can only pay medical bills with pre-tax dollars if they’ve contributed to, and saved money in, their HSA. With Lane Health’s Advance line of credit, they can pay those bills with pre-tax dollars any time, and they have 12 months to repay Advances from the time they are initiated.
Helping your business succeed
High-deductible health plan premiums are much lower than the typical HMO and PPO premiums. Many businesses are finding these health plans affordable for their companies and their employees. Compared to other HSAs, employers save an estimated $100-$200 per employee. We also provide robust reporting and performance tracking tools: Average Advance size and number of Advances (per account), Advance capacity remaining (total and per account), Estimated savings YTD generated from spending pre-tax dollars for both employer and employee and much more!
One card for all Tax-advantaged Spending Accounts
Our Card With a Heart is a simple solution to pay for health care. It is a debit card that allows you to access all your tax advantaged spending accounts (HRA, FSA, Dependent Care, and Commuter) including your HSA and Lane Health Advance funds with a simple swipe. With our Lane Health Card with a Heart you can take advantage of all the programs that help your people pay their bills on a more affordable basis. When an employee uses their card to pay a bill that exceeds the money they have saved in their account, we automatically advance the money to cover the difference. The advance (plus our fee) is then repaid through pre-tax payroll deductions over the next 12 months – saving them 15-30% depending on their tax situation. It’s that simple!
We make it EASY.
Flexible
We work for the employer. With our highly flexible implementation approach, we easily integrate with existing processes and systems.
Interaction
We welcome interaction with employees and their families. We follow a proactive, guided approach to engage employees at key teachable moments.
Automatic
No one is left behind! All employees who choose a qualified health plan can automatically be enrolled in a Lane Health HSA.
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Single Card
Lane Health is your one stop shop for all consumer benefit spending accounts — all accessed by our Card with a Heart!
HSA Employer Brochure
See how your employees can take advantage of the tax-free savings opportunities by utilizing Lane Health’s HSA Solution.
All your questions answered!
Advances are a new source of financial protection and bill paying capacity for your healthcare expenses. With most HSAs, you can only pay bills with money you have contributed and saved in your HSA. Often, particularly early in the year, you don’t have enough money saved to cover your bills. With Lane Health’s HSA Advance, you can pay those bills through your HSA.
Based on several factors (primarily your length of employment and income), we determine the amount of the Advance that will be available to you at the beginning of the year (your “Advance Limit”). When you need to pay a qualified bill, simply swipe your HSA debit card. The cash you have in your account is used first to pay the bill. If you need more, we automatically advance the funds up to your Advance Limit. We then calculate the pre-tax HSA payroll deduction required to repay the Advance over the following 12 months and communicate the change to you and your payroll provider. It’s simple, convenient and doesn’t require you to do anything other than focus on getting the care you need.
We will send you a Welcome Packet prior to the beginning of the year that includes the amount of your pre-set Advance Limit. You can also go on your Lane Health portal (BeWell.lanehealth.com) at any time to see the status of your Advances – amount available, amount outstanding, payroll deduction amount and remaining payroll periods to pay-off.
Advances are available to you on the first day of your health plan year and remain available throughout the entire year. You can receive multiple Advances up to your limit. It’s there for you when you need it.
No, we do not pull your credit report to set your initial Advance Limit.
No! Just swipe your HSA debit card and if you need an Advance to pay the bill, we automatically issue the Advance up to your Advance Limit! It’s simple and easy!
Contact Lane Health. We’ll work with you to evaluate increasing your Advance Limit. We’ll do our best to help you get the Advance Limit you need to take care of your healthcare expenses.
You can opt-out of participating in the Advance program at any time by going to the member portal (BeWell.lanehealth.com) or calling us at (833) 302-LANE (5263) and no Advances will be issued for you. If you are issued an Advance and do not want it, contact us and we will reverse the Advance in your next paycheck.
You are responsible for repayment of the Advance, including having the outstanding balance withheld from your final paycheck to settle your account. If an outstanding balance remains, we will work with you to arrange a repayment plan.
If you have questions, you can email them to WeCare@lanehealth.com. You can also call our customer service center at 833-302-LANE (5263).
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