Press Release

Sterling Administration Offers New Valued-Priced Online HSA Plan

Issued by Sterling Administration

Sept. 29, 2020

Paperless Plan Saves Money without Sacrificing Client Service

OAKLAND, Calif. (September 29, 2020) – Sterling Administration, a leading healthcare administrator, has launched a new all online Health Savings Account (HSA) plan available for $2.50 per month. The all-electronic HSA is available for individuals and employers and includes no set-up or hidden fees, all online paperwork and live-person customer service.

“In a time of constant change and rising healthcare costs, it’s important that people have access to quality and affordable benefits partners,” said Cora Tellez, CEO of Sterling Administration. “By rolling out a fully digital HSA, we are able pass the savings on to our customers while continuing to provide the high level of service they have come to expect.  HSAs are an advantageous way to save for the future, and by offering it a lower cost we hope to further meet the health and financial needs of our customers.”

An HSA is a tax-advantaged health savings account that account holders can use to pay for qualified medical expenses, which include medical care, vision and dental expenses, prescriptions and long-term care services.

HSA’s are paired with high deductible health plans (HDHP) and can be a great savings tool. Unlike a Flexible Spending Account (FSA), HSA funds roll over year-to-year which allows account holders to save for future qualified medical and retiree health expenses on a tax-free basis.

To enroll in the new HSA plan or meet with an HSA-certified team member, please visit here.

For more information on Sterling Administration and other product offerings please visit, www.sterlingadministration.com.

About Sterling Administration 
Sterling Administration, based in Oakland, California is a minority and woman-owned healthcare administrator serving employer organizations and individuals nationwide. Sterling works with a variety of brokers to offer competitive and value-added HSAs, HRAs, FSAs, POPs and COBRA coverage, as well as expert compliance services for ERISA Wrap, Form 5500 Filing, non-discrimination testing and PPACA requirements. Founded in 2004, Sterling is large enough to offer the most advanced technology and services, yet small enough to provide a personalized experience. Sterling excels in translating the complex marketplace into practical and easily manageable financial wellness tools. For more information, visit sterlingadministration.com or call our customer service team at 800.617.4729. 

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