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Jan 12, 2016 HSAstore.com Partners with HSA Bank to Offer Convenience for Consumers with Health Savings Accounts

Sep 16, 2015 FSAstore.com/HSAstore.com Partners with WageWorks to Give Consumers a Convenient Way to Shop with a Flexible Spending Account or Health Savings Account

July 7, 2015 Introducing HSAstore.com: A New E-commerce Site for Health Savings Account Eligible Products and Services


HSAstore.com Partners with HSA Bank to Offer Convenience for Consumers with Health Savings Accounts

Consumers Can Shop for Thousands of HSA-Approved Products

New York, NY (PRWEB) Jan 12, 2016 - HSAstore.com, the one-stop destination for Health Savings Account (HSA)-approved products, announced today that it has added HSA Bank to its network of third-party administrators (TPAs) and banks. HSAstore.com is the only exclusive retailer of HSA-qualified products. Its partnership with HSA Bank, a trusted leader in consumer-directed healthcare focusing on HSAs, will give HSA Bank's HSA account holders access to thousands of HSA-eligible products.

HSAstore.com was established to give HSA holders a convenient destination to purchase everyday medical products and learn to better manage and maximize the triple-tax advantage (contributions, qualified distributions, and interest, are tax-free) of an HSA through resources like a comprehensive HSA Eligibility List and HSA Learning Center.

"Partnering with HSA Store seems a natural extension of our 'Own Your Health' brand promise," said Chad Wilkins, president of HSA Bank. "In addition to offering our customers thousands of HSA-eligible products, HSAstore.com provides valuable, educational resources. These tools help HSA Bank fulfill our commitment to helping consumers make better and more informed healthcare decisions."

HSAstore.com works with third-party benefit administrators and banks, like HSA Bank, to directly reach consumers who are enrolled in HSAs. The company operates a similar network for FSA administrators on its companion website, FSAstore.com. HSAstore.com simplifies the shopping experience by accepting all HSA cards, 24/7 customer service, one-to-two-day turnaround on orders, and free shipping on orders of $50 or more.

"HSA Bank's 'Own Your Health' brand promise aligns directly with the HSA Store mission to simplify HSAs for millions of Americans enrolled in these tax-advantaged plans," said Jeremy Miller, HSAstore.com founder and CEO. "Through this partnership and HSAstore.com's products and tools, consumers are empowered to easily utilize an HSA."

About HSA Bank

HSA Bank is one of the nation's leading health account administrators, serving approximately 1.7 million accounts and more than $4 billion in total assets. A leader in consumer-directed healthcare focusing on Health Savings Accounts (HSAs) since 2004, HSA Bank provides employers and individuals with comprehensive account-based benefit solutions such as HSAs, HRAs, FSAs, and Commuter Benefits (Mass Transit and Parking Accounts). HSA Bank is a division of Webster Bank, Member FDIC. http://www.hsabank.com

About HSAstore.com

HSAstore.com is the only one-stop shop stocked exclusively with HSA-eligible products and services, so there are no guessing games as to what is and isn't reimbursable, which is what consumers face every time they walk into a drugstore. In addition to more than four thousand HSA-eligible products, the site offers the most comprehensive list of HSA-eligible products and services, and an HSA Learning Center. HSAstore.com accepts all HSA and FSA debit and major credit cards, offers 24/7 customer service, one-to-two-day turnaround and free shipping on orders $50+.

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FSAstore.com/HSAstore.com Partners with WageWorks to Give Consumers a Convenient Way to Shop with a Flexible Spending Account or Health Savings Account

New York, NY, Sept 16, 2015 - FSAstore.com and HSAstore.com, the only e-commerce sites stocked exclusively with eligible products for Flexible Spending Account (FSA) and Health Savings Account (HSA) members, today announced a partnership with WageWorks (NYSE:WAGE), a leader in administering Consumer-Directed Benefits (CDBs), such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, COBRA, and other employee benefits. The partnership with WageWorks will provide millions of employees who participate in HSAs and FSAs access to healthcare products and educational resources.

"We are thrilled to add WageWorks to our partner network, which now reaches more than 11 million FSA and HSA holders," said Jeremy Miller, CEO and Founder. "At a time when consumers are taking more control over their health, we are delighted to be a source of information and convenience for WageWorks participants.

"FSAstore.com and HSAstore.com increase the ease of use and convenience for our FSA and HSA participants," said Joe Jackson, CEO of WageWorks. "These sites allow them to shop with confidence, since everything on them represents an eligible out-of-pocket expense."

FSAstore.com and HSAstore.com accept all healthcare account cards and major credit cards. The company also offers 24/7 customer service, one-to-two-day turnaround on orders, and free shipping on orders of $50 or more.

About WageWorks

WageWorks is a leader in administering Consumer-Directed Benefits (CDBs), which empower employees to save money on taxes while also providing corporate tax advantages for employers. WageWorks is solely dedicated to administering CDBs, including pre-tax spending accounts, such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), Health Reimbursement Accounts (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, COBRA, and other employee benefits. WageWorks makes it easier to understand and take advantage of Consumer-Directed Benefits for more than 45,000 employers and over 4 million people. WageWorks is headquartered in San Mateo, California, with offices in major locations throughout the United States. For more information, visit www.wageworks.com.

About FSAstore.com/HSAStore.com

FSAstore.com and HSAstore.com are the only e-commerce sites exclusively stocked with FSA- and HSA-eligible products and services to eliminate the guesswork that can come with using a spending account. In addition to more than 4,000 eligible products, the site offers a national provider database of FSA- and HSA- eligible services and an FSA/HSA Learning Center. FSAstore.com and HSAstore.com accept all account debit and major credit cards, offers 24/7 customer service, one-to-two-day turnaround, and free shipping on orders $50 or more. Consumers enjoy the added benefit of not needing to submit receipts when shopping online with their debit card.

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Introducing HSAstore.com: A New E-commerce Site for Health Savings Account Eligible Products and Services

Thousands of Exclusively HSA-Eligible Products Offered to Simplify HSA Spending

NEW YORK, July 6, 2015 - FSAstore.com today announced the launch of its sister site HSAstore.com, a new convenient online destination for HSA holders. HSAstore.com makes it simple to use, spend and manage HSA funds with innovative tools including an HSA Eligibility List to help consumers better understand their accounts.

According to a report by investment consulting firm Devenir, approximately 13.8 million Americans have a HSA, a 29 percent increase from the end of 2014. Created and launched by the founder of FSAstore.com, HSAstore.com allows individuals to shop for thousands of products that are eligible for purchase with an HSA. Shoppers save money, time, and eliminate the potential for error when spending their HSA account dollars.

HSAs are tax-favored, individually-owned health care savings accounts that allow consumers to set aside tax-free dollars to purchase medical products and services – from first-aid kits to breast pumps to eye and dental care, and thousands more products and services. An HSA lets individuals in qualified High-Deductible Health Plans (HDHPs) contribute pre-tax dollars (through automatic payroll deduction, if offered by the employer) to pay for qualified medical expenses, such as deductibles, co-pays, and medical products.

"HSA plans are becoming increasingly popular as consumers are being given more financial responsibility for health and healthcare," said Jeremy Miller, HSAstore.com founder and president. "HSAstore.com is a convenient destination for HSA holders to purchase everyday medical products, while learning to better manage and maximize these accounts. As other areas of health care are becoming more complex, our goal is to simplify and make it easy for people to pay for the healthcare products and services they need."

HSAs are popular because they belong to the individual and are portable. The triple-tax advantage is also an attractive feature, because contributions to the HSA reduce the individual’s taxable income. In addition,withdrawals for qualified expenses are not taxed or penalized, and interest in the account accrues tax free.

HSAstore.com accepts all HSA cards and major credit cards, offers 24/7 customer service, one-to-two-day turnaround and free shipping on orders of $50 or more.

"I usually think of my HSA when I visit my doctor, but it's easy to shop for the products I need," said John P., a new HSAstore.com customer."HSAstore.com is a simple way to shop for products online without the hassle of going to the store or figuring out what's covered."

To extend its reach to HSA holders across the country, HSAstore.com partners with benefits administrators who connect directly to consumers about their HSA.

"We've partnered with HSAstore.com's sister site, FSAstore.com, since 2014. We’re very pleased with our FSAstore.com partnership, and feel HSAstore.com is a natural extension for our HSA participants," said Christy Dalton, director of the Fringe Benefits Division at Medcom, a leading employee benefits administrator. “HSAstore.com will provide convenience and educational sources for our HSA participants to make the most of their healthcare savings."

About HSAstore.com

HSAstore.com is the only one-stop shop stocked exclusively with HSA-eligible products and services so there are no guessing games as to what is and isn't reimbursable, which is what consumers face every time they walk into a drugstore. In addition to more than four thousand HSA-eligible products, the site offers the most comprehensive list of HSA-eligible products and services, and an HSA Learning Center. HSAstore.com accepts all HSA and FSA debit and major credit cards, offers 24/7 customer service, one-to-two-day turnaround and free shipping on orders $50+.

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