Lively HSA
Benefits administration software
Health savings account (HSA) software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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$200 per month
Free Trial unavailable
Free version
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What is Lively HSA
Lively HSA is a health savings account (HSA) platform used by employers and individuals to open and administer HSAs and manage contributions, distributions, and investment options. It supports employer-sponsored HSA programs through integrations with payroll and benefits workflows, and provides account-holder tools for spending and reimbursement tracking. The product focuses on HSA administration and participant experience rather than full-suite HRIS or broad benefits administration.
HSA-first functionality
The product centers on HSA account administration, including contributions, distributions, and participant account management. This focus can make it easier to deploy for organizations that already use separate systems for HRIS and broader benefits administration. It also aligns well with employers that want a dedicated HSA experience without replacing their core HR platform.
Payroll and benefits integrations
Lively HSA is designed to connect with employer payroll processes to support pre-tax HSA contributions and ongoing deductions. Integration support helps reduce manual file handling and reconciliation compared with standalone account management. This is particularly relevant for mid-market employers that rely on multiple systems across HR, payroll, and benefits.
Participant-facing account tools
The platform provides account-holder capabilities for tracking HSA activity and managing spending and reimbursements. These tools can reduce HR/benefits team involvement in routine participant questions and transactions. A dedicated participant experience can be useful when the employer’s primary HR system offers limited HSA-specific self-service.
Not a full benefits suite
While it supports employer-sponsored HSA administration, it does not replace end-to-end benefits administration across medical, dental, vision, life, and other benefit lines. Organizations seeking a single system of record for all benefits enrollment and eligibility may still need a separate benefits administration platform. This can increase vendor count and integration requirements.
Integration depth varies by stack
The effectiveness of payroll and HR integrations depends on the employer’s existing systems and the specific integration method available (API vs. file-based). Some organizations may need implementation effort to map deduction codes, eligibility files, and ongoing changes. Where integrations are limited, teams may rely more on manual processes and periodic reconciliation.
HSA rules and support complexity
HSAs involve IRS eligibility rules, contribution limits, and distribution documentation requirements that can create support and compliance overhead. Employers may still need internal processes to handle edge cases such as mid-year eligibility changes, excess contributions, and corrections. The product may not eliminate the need for benefits expertise and participant education.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| Individuals (Individual & Family) | $0.00 | Free to open and maintain for individuals & families; HSA cash balance is insured and interest-bearing; investments are optional (Schwab brokerage access: $24 annual fee or no-fee option if HSA cash > $3,000; HSA Guided Portfolio: 0.50% annual management fee). |
| Businesses (Employers) | $2.95 per employee/month (standard) | $2.95 PEPM standard pricing; monthly minimum of $200 may apply; includes employer dashboard, contribution management, personalized investment options; contact sales for preferred/enterprise pricing. |
Additional fee notes: Monthly maintenance $0; Account opening $0; Account closing $0; Funds transfer (Out/In) $0; Debit cards (up to 3) $0; Excess contribution fee $0; Access to Schwab Health Savings Brokerage Account optional (see above); HSA Guided Portfolio optional (0.50% annually).
Seller details
Lively, Inc.
San Francisco, CA, USA
2016
Private
https://livelyme.com/
https://x.com/livelyme
https://www.linkedin.com/company/livelyme/
