Lane Health offers the
full suite of consumer
HSA Advance² line of credit – makes healthcare more accessible and affordable.
We make HSAs work for more people. Our program requires no upfront HSA contribution commitment meaning everyone gets an account.
After activation, employees will have access to an Advance line of credit of at least $500, and up to 4 weeks of gross pay (subject to IRS contribution limits) with no credit checks, thereby offering greater inclusivity.
Advances and associated fees are repaid over 12 months through pre-tax payroll deductions.
By repaying with pre-tax dollars, employees can save 10-20+ percent3 on out-of-pocket costs, and employers save on payroll taxes.
Refund Booster – puts money in employee’s pocket
Employees who already have an HSA can capture foregone tax savings on prior years’ medical bills paid after tax.
Our easy, automated process allows employees to make additional pre-tax contributions with no cash outlay.
As a result, employers save on payroll taxes as well.
1. The Card with the Heart® is issued by The Bancorp Bank, Member FDIC, pursuant to license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Card can be used everywhere Mastercard is accepted for healthcare expenses.
2. Advances are issued by WebBank, Member FDIC
3. Depending on personal tax situation, consult your tax professional for individual savings opportunity.
The Healthcare Spending Card (Card with a Heart®) is issued by WebBank pursuant to a license from Visa USA Inc.