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Free HSA Provider

Lively · November 16, 2017 · 2 min read


Saving for health costs can be tedious, frustrating and downright expensive. Healthcare costs only continue to rise. The certainty of healthcare in the US remains confusing. This is likely why the concept of “free” with “healthcare” is like trying to force a round peg into a square hole. Traditional HSA providers have been another piece of this cost-centric system.

100% Free HSA

HSAs help save tax-free dollars for healthcare costs and have always helped offset the costs of healthcare, but the fees associated with them have hurt these cost savings. Why can’t there be a 100% free HSA that makes it simple and easy to save money for healthcare?

This was one of the founding principals of Lively and our free HSA. Co-Founder Alex Cyriac explains, “What concerns us is that existing HSA companies are clunky, outdated, and expensive. In fact, we found certain providers didn’t make it easy to get your money out when you needed it most. They take weeks to process paperwork, offer lackluster customer service and nickel and dime their customers with hidden fees like debit card usage, account statements, legal, transfer, etc.”

We expect this is why Morningstar’s most recent HSA analysis found only 3 of the top 10 HSA as an effective spending vehicle and noted: “there’s room for improvement across the board.” We are proud to say, Lively would rank as a top HSA “spending” vehicle based on their HSA criteria (fees, account interest, etc.).

This is likely why Lively is now the top-ranked HSA on HSA Search out of hundreds and hundreds of HSA providers.

Lively Co-Founder Shobin Uralil adds, “Our goal is to facilitate how individuals optimally save for and spend money for their health expenses from their HSA account. We want to provide HSAs to as many qualified individuals as we can and help provide a solution today, to rising healthcare costs.”

HSAs provide the offset cost savings for rising healthcare premiums, by allowing you to save and spend tax-free money on qualified out-of-pocket health costs. See if you are eligible here and sign up today. What are you waiting for, it’s free!

If you need more help with open enrollment decisions, check out our blog. We will make you a healthcare benefits expert in no time, without any extra work or effort on your end.



Lively is the modern HSA experience built for—and by—those seeking stability in the ever-shifting healthcare landscape. By harnessing modern innovation and deep industry expertise, Lively is committed to bridging today’s savings with tomorrow’s unknowns. Unlike traditional institutions hindered by bureaucracy, Lively’s commitment extends beyond initial set up to providing dedicated, ongoing support and education for every step. So each HSA can reach its maximum potential with minimal headache.

piggy bank on pink background


2023 and 2024 HSA Maximum Contribution Limits

Lively · May 16, 2023 · 3 min read

On May 16, 2023 the Internal Revenue Service announced the HSA contribution limits for 2024. For 2024 HSA-eligible account holders are allowed to contribute: $4,150 for individual coverage and $8,300 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.

comparing hsa versus fsa


What is the Difference Between a Flexible Spending Account and a Health Savings Account?

Lauren Hargrave · February 9, 2024 · 12 min read

A Health Savings Account (HSA) and Healthcare Flexible Spending Account (FSA) provide up to 30% savings on out-of-pocket healthcare expenses. That’s good news. Except you can’t contribute to an HSA and Healthcare FSA at the same time. So what if your employer offers both benefits? How do you choose which account type is best for you? Let’s explore the advantages of each to help you decide which wins in HSA vs FSA.

Benefits of HSA employer matching

Health Savings Accounts

Ways Health Savings Account Matching Benefits Employers

Lauren Hargrave · October 13, 2023 · 7 min read

Employers need employees to adopt and engage with their benefits and one way to encourage employees to adopt and contribute to (i.e. engage with) an HSA, is for employers to match employees’ contributions.

Disclaimer: the content presented in this article are for informational purposes only, and is not, and must not be considered tax, investment, legal, accounting or financial planning advice, nor a recommendation as to a specific course of action. Investors should consult all available information, including fund prospectuses, and consult with appropriate tax, investment, accounting, legal, and accounting professionals, as appropriate, before making any investment or utilizing any financial planning strategy.



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