Sterling Administration introduced Simple HSA, which provides competitive pricing and 24/7 online access through their portal and app. It’s $3 per-member/per-month – cards included. There are no fees or minimums. Everything is done electronically via email, portal, or app with no paper transactions. Check out the Simple HSA flyer.
Other Updates Effective October 1, 2018, the monthly minimum fee for FSAs and HRAs increased from $50 to $125. Groups that renew October 1 or later will be charged the new minimum. However, Sterling will honor rates for groups that renewed their October 1 plan at the old rate. Sterling’s Comprehensive POP is now called “Cafeteria Plan with Testing.” The set-up and annual fee increased from $350 to $399.
Contact your LISI Regional Sales Manager for details.