Lane Health
Quick Summary
- HSA savings account
The Verdict
Lane Health provides essential HSA features with zero monthly maintenance fees and mutual fund investing, earning a 0/5.0 rating from HSA Orbit.
Heads up! Lane Health currently only provides HSA services to employers for their employee benefits programs.
Lane Health’s innovative HSA makes High Deductible Health Plans less scary, allowing them to work for everyone, not just the few who can afford to contribute and save. We truly believe and support inclusivity for all employees enrolled in a High Deductible Health Plan, ensuring that each enrollee has an HSA account and, upon activation, access to on-demand funds when they most need them.
With the Advance line of credit, we provide increased financial protection to employees, even those who can’t afford to contribute to their HSA. Lane Health’s HSA helps eliminate a significant financial barrier to care thereby improving health and impacting long-term medical cost trends. Employees have peace of mind, with bill paying made simple, budget-friendly and cost effective.
Key Features
Banking & Access
Includes debit card, online banking and check-writing.
Investment Options
Offers mutual fund investing.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
No minimum balance to open. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance | $0.00 | $0.69 | EXCELLENT |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $25.00 | $1.95 | ABOVE AVG |
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Mutual Fund Investing
Access mutual fund investments through your HSA with Lane Health.
- Minimum Threshold$1,000
- Fees$2.50 / month
Interest Rates
Interest rates are not currently available for this provider.
Contact Information
Website
https://lanehealth.com/Address
1617 John F Kennedy Boulevard Philadelphia, PA 19103 Customer Service Mailing Address 1617 John F Kennedy Boulevard Philadelphia, PA 19103
Customer Service
833-302-5263
1617 John F Kennedy Boulevard Philadelphia, PA 19103 Customer Service Mailing Address 1617 John F Kennedy Boulevard Philadelphia, PA 19103
Sales Contact
833-302-5263
At a Glance
Pros & Cons
The Good
- •No monthly maintenance fees
- •FDIC/NCUA insured deposits
The Bad
- •$1,000 minimum to invest
- •Interest rates not published
User Sentiment
Based on community feedback
Sentiment data coming soon
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