business > Employee Benefits > Health Savings Accounts

Employee Health Savings Accounts (HSA's)

Enhance your employee benefits with a health savings account to help employees save for healthcare expenses.  The Macatawa Bank Health Savings Account (HSA), combined with a high deductible health plan, can help your company share the high cost of healthcare with employees in a way that benefits everyone.

 

Benefits for you the Employer:

  • Increases your ability to attract and retain quality employees.
  • Potential overall health care and tax savings.*
  • Flexibility to customize your employer contributions schedule and amount to encourage employee participation.
  • Superior customer service and employer support from your community banking partner.

 Benefits for your Employees:

  • No set up fee and low minimum balance requirement.
  • Earn more as you save more with our competitive tiered interest rates.
  • Manage your account transactions, balance, and statement information online at your convenience.
  • Pay for your qualified medical expenses conveniently:
    • Present your Macatawa Bank HSA MasterCard® Debit Card at any Macatawa Bank ATM.
    • Access cash from your account by using your HSA MasterCard® Debit Card at any Macatawa Bank ATM.
    • Pay health care providers electronically using our free online bill pay service.
    • Write checks from your HSA.  Checks are available for a nominal fee.
  • Additional investment options available to help maximize the performance of your account.  See the HSA Investment Program for more details.
  • Superior customer service and employee support from your community banking partner.

 

* Consult your tax advisor

 

For further information on how to provide your employees with a Macatawa Bank Health Savings Account (HSA), visit a Macatawa Bank location nearest you or call us at 1.877.820. BANK (1.877.820.2265).