Partnership Allows for Paperless HSA Enrollment

March 8, 2010 ( - HSA Bank has partnered with Benefit Resource, Inc. to become the exclusive Health Savings Account (HSA) administrator offered through its online employee benefits portal - UBenefit.

A press release said the partnership allows employers to be set up and employees to enroll in an HSA with HSA Bank in a completely paperless environment.

UBenefit allows agents and brokers to get underwritten quotes from multiple insurance companies and enroll employees through a custom branded online portal. By adding HSA Bank into the UBenefit portal, agents and brokers can complete the entire health insurance sales process from coverage rate quotes to HSA enrollment.

“HSA Bank is excited to partner with UBenefit to make the employer and employee sign up process faster and more efficient for agents and brokers,” said Itamar Romanini, senior vice president of business development for HSA Bank, in the announcement. “UBenefit creates a single, online marketplace for employers and their employees to obtain an HSA-compatible health plan and an HSA.”