https://www.takecommandhealth.

com/blog/new-partnership-free-hsas

Announcing new partnership for free HSAs,

triple tax advantages
July 11, 2017 by Amy

Healthcare can be expensive, confusing and cumbersome for the individual. But it doesn’t have
to be. That’s why our team at Take Command Health has partnered with Lively, an HSA
management company, to empower you to spend those healthcare dollars wisely. Individuals or
small businesses enrolled in Take Command Health premier membership will now have access
to free HSAs powered by Lively in addition to other great benefits like Teledoc, dental discount
plans and medical bill negotiation.

Regardless of what shakes out on Capitol Hill in the healthcare debate, there is one thing we can
count on. Both the Senate and House bills have provisions to boost the tax break and raise HSA
contribution limits for people in high-deductible plans in both the individual market and
employer plans, resulting in better tax benefits and more funds to cover out-of-pocket expenses.
There’s even a possibility that funds from HSAs will be able to be used for monthly premiums.
That could be a game changer.

Why HSAs are a smart move

HSAs, or health savings accounts, offer triple tax advantages for those who enroll in high
deductible insurance plans. Here’s how:

1. Contributions are tax-deductible.

2. Contributions can be invested and grow tax-free.
3. Withdrawals aren't taxed if you use them for qualified medical expenses like doctor's
visits or prescription drugs.

It’s basically like getting a 25% discount on your health expenses, depending on your tax
bracket. Much like a 401k, the more you contribute, the more you save. HSAs are growing in
popularity, and for good reason. In fact, HSAs have grown to an estimated $41 billion in assets
and 21 million accounts at the end of last year.

Why Lively?

In short, Lively shares our values of empowerment, innovation and transparency. Here’s why
Lively stands out among competitors:
  They keep it simple. An easy-to-use and intuitive dashboard allows you to snap a pic of a
receipt, upload it and they take care of the rest.
 They make it affordable for those individuals who don’t have big corporate benefits to
fall back on.
 You’ll receive a personalized Lively Mastercard to use for qualified medical expenses.
 No hidden fees, no minimums, no fine print, no nonsense.

*Lively offers free HSA administration for individuals and for small businesses with less than 10
enrolled employees. For larger companies with more than 10 enrolled employees, Lively charges
a flat fee of $4 per month per person.

Lively is available for FREE on our FREE membership tier. So why are you waiting? Stop
paying fees to your bank and get a better HSA experience.

Hi, I'm Amy! I wrote this blog because I care about ideas (big and little) that can help fix our
healthcare system. I used to work on projects for Kaiser Permanente and the Parkland Health &
Hospital System so I've seen the system inside and out. It's so important that consumers keep up
with industry shifts and changing health insurance regulations. I'm also Take Command Health's
Content Editor and a busy mom. Learn more about me and connect with me on our about us
page. Thanks!