Lane Health

We help employees sleep easier by making healthcare more accessible and affordable and helping HSAs work for everyone.


What is Lane Health?

Lane Health's mission is to help make healthcare more affordable and accessible for everyone, not just those who can afford to contribute and save. We've all seen the stats of how half of Americans can't cover an unexpected $500 medical bill and how half of HSAs have less than $500 in them. The current HSA model works well if you have money to put into it, but if you're not fortunate enough to be in that situation, you may need a helping hand. Many Americans are tragically stuck in medical debt because they didn't have a good way to pay back a healthcare expense. Lane Health and the groundbreaking Advance line of credit exist to provide a better way.

How is Lane Health different?

In the HSA status quo, if you don't have funds in your account, you can't get any of the tax benefits. Not anymore with the Advance line of credit. After activation, it provides on-demand access to additional funds to help employees when they don't have enough, or any, money in their HSAs. It's inclusive, no credit checks, and the employer is never on the hook to repay funds. And the best part is advances are repaid over 12 months through pre-tax payroll deductions that pass through the HSA, so employees get the tax savings. In fact, employees typically find that taking in advance is cheaper than simply paying with cash. Employers and employees both save on taxes, employees can get the medical safety net they deserve, and everyone can sleep better at night.

Who is a good fit for Lane Health?

Employers who are a good fit for Lane Health are ones who are innovative and looking for new ways to increase the value of their benefits program. In addition, we fit very well with employers whose employees tend to get overlooked in the current HSA model. We recently helped a manufacturing company with over 3,000 modestly compensated employees increase their HDHP enrollment by 10 times in just one plan year. In addition, the advance holds value for more highly compensated employees who might want to keep their HSA funds invested rather than liquidating money to pay for a healthcare bill. Bottom line, we know unexpected medical expenses are a problem that affects everyone. If you haven't gotten one yet, odds are you will sometime in the future. But thanks to Lane Health and the Advance line of credit, you can now have a safety net to help keep you secure.

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Duration: 02:53

Posted: Friday, July 15, 2022

Video tags: Under 50 EEs, 51 - 100 EEs, 101 - 250 EEs, 251 - 500 EEs, 501 - 1000 EEs, 1001 - 2500 EEs, 2501 - 5000 EEs, Over 5000 EEs