health savings accounts
We’re here to support you and your unique (and colorful) business.
With the rising cost of health care, more businesses are finding they need to transition to high-deductible health plans (HDHP). Norway Savings Bank can help your employees save and pay for medical expenses with our HDHP compatible Health Savings Accounts (HSA). Contributions to an HSA can be made by you (the employer), by employees, or by others on their behalf. You choose how the plan is structured.
Getting started with a Norway Savings Health Savings Account program is easy and low cost.* Our specialists will work with you to determine the best way to electronically fund your employees’ accounts. We will also schedule an on-site visit at your company to help set up individual accounts for your employees.
contact us to learn more:
Stop by and visit at the Norway Savings Bank office nearest you
*In order to establish an HSA program with Norway Savings Bank, employers must complete one of three options:
1. Have a Norway Savings inBusiness Checking account with ACH transfer capabilities;
2. Work with its existing payroll company to fund its employees’ HSA accounts; or
3. Use a checking account at another financial institution with ACH transfer capabilities.