How Does It Work?
Tango Health is an HSA service organization coupled with a patent-pending web-based tool.
We offer a turn-key HSA administration solution to employers and employees including a selection of top financial institutions as HSA custodians.
We help employees better understand HSAs so they can be confident and satisfied, while maximizing their tax savings. Tango Health helps employees:
- Establish their HSA with a financial institution
- Review and annotate transactions made on their HSA
- Easily identify and track HSA-qualifying transactions from an automatic feed from most major credit cards
- Manually enter cash or other transactions
- Store and archive receipts
- Set annual HSA Contribution targets
- Change payroll deduction amounts based on their individual goals, historical medical spending, or actual eligible but un-reimbursed expenses
- Reimburse directly and easily to a personal account
We help employers increase employee satisfaction with High Deductible Health Plans (HDHPs) and decrease manual and time-intensive tasks:
- Upload initial employee census and ongoing enrollments
- Electronically confirm payroll deduction change requests
- Calculate employer and employee contributions, submit payroll runs and have Tango Health handle all funds transfers