Employer Savings

Employer HSA-eligible plan cost savings

Estimate your savings

Everyone knows that HSA-eligible health insurance plans (high deductible health plans) provide employees great financial savings. However, they're also an incredibly valuable cost savings vehicle for your business. This calculator helps illustrate the savings you'll earn by offering and driving adoption of HSA-eligible plans.

First, we need to know a little bit about your business.

Please answer the questions below.

How many employees have a single coverage insurance plan?

How many employees have an employee+ coverage insurance plan?

How many employees have a family coverage insurance plan?

What percent of your employees with single coverage have an HSA-eligible plan?

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What percent of your employees with employee+ coverage have an HSA-eligible plan?

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What percent of your employees with family coverage have an HSA-eligible plan?

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Next, we'll need to know some information about your monthly premium costs.

Please include overall premium cost (employer and employee).

What is the average monthly premium for each employee enrolled in single coverage on your HSA-eligible plan?

What is the average monthly premium for each employee enrolled in employee+ coverage on your HSA-eligible plan?

What is the average monthly premium for each employee enrolled in family coverage on your HSA-eligible plan?

What is the average monthly premium for each employee enrolled in single coverage on your traditional plan?

What is the average monthly premium for each employee enrolled in employee+ coverageon your traditional plan?

What is the average monthly premium for each employee enrolled in family coverage on your traditional plan?

Finally, we'll need to know some information about annual employee and employer HSA contributions.

We only need an average, so just try to be as close as you can. Please enter the combined employer and employee contribution.

What is the average single coverage HSA contribution?

What is the average employee+ coverage HSA contribution?

What is the average family coverage HSA contribution?

HSA-eligible plans usually carry lower premiums than traditional plans. When more employees join these plans, not only does your premium costs go down, but their's does too.

HSA-eligible plans reduce your payroll tax burden. Employee contributions are tax-exempt, so for every employee on an HSA-eligible plan, you save on FICA and unemployment taxes.

We've calculated your estimated savings

High deductible plans can significantly decrease costs for you and your employees. Check out your results below!

Increase the percentage of employees enrolled in the single HSA-eligible plan to maximize your savings.

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Increase the percentage of employees enrolled in the employee+ HSA-eligible plan to maximize your savings.

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Increase the percentage of employees enrolled in the family HSA-elible plan to maximize your savings.

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Payroll Savings i

Premium Savings i

Average Annual Cost of a Plan

*The results of this calculator are intended to be illustrative; you should take careful consideration with regard to dynamics and variables that may not be included in the calculation above. This calculator is not intended to provide legal or tax advice; you should seek the assistance of a tax professional regarding state and federal tax regulation(s).