HealthEquity Inc.

HealthEquity Inc. is an American administrator of health savings accounts and other consumer-directed benefits. Designated by the IRS as a non-bank health savings trustee, the company combines financial technology with healthcare expertise to help individuals and employers manage the money spent on medical care. It serves millions of Americans annually across the United States.

Its product line covers the main instruments of consumer-directed benefits. Health Savings Accounts (HSAs) allow individuals and families to set aside money for medical expenses. Flexible Spending Accounts (FSAs) and Health Reimbursement Arrangements (HRAs) extend the offering to employers and their teams, while COBRA administration covers continuation of health coverage after a change in employment. Integrated benefits administration services are provided to employers and financial advisors.

HealthEquity operates across healthcare, employee benefits and financial services. Its stated mission is to save and improve lives by empowering healthcare consumers, with a stated focus on the financial wellness of working Americans and on giving individuals choice, control and confidence in how healthcare dollars are managed.