Lively Surpasses $2 Billion in HSA Assets: Revolutionizing Health Savings with a User-Friendly Experience
In an exciting development for the health and lifestyle benefits sphere, Lively has proudly announced it has eclipsed $2 billion in Health Savings Account (HSA) assets. This achievement underscores the value of their intuitive, user-friendly platform which is dedicated to making health savings accessible and manageable for everyone.
Breaking Down Lively’s Financial Milestone
A Commitment to Account Holders
Since its inception in 2016, Lively has remained steadfast in its mission to eliminate barriers to affordable healthcare. With a focus on the user experience, they have already saved HSA account holders over $32 million in fees. As Alex Cyriac, co-founder and CEO of Lively, shares, “This significant milestone is not just a number; it reflects our commitment to building a better product and placing our account holders first.”
Innovative Offerings Beyond HSAs
Expanding Horizons: A Suite of Benefits
Originally a direct-to-consumer HSA provider, Lively has expanded to offer a comprehensive suite of health and lifestyle enhancements tailored for businesses. This includes:
- Flexible Spending Accounts (FSA)
- Health Reimbursement Arrangements (HRA)
- Lifestyle Spending Accounts
- Commuter Benefits
- Medical Travel Accounts
- COBRA Administration
Thanks to its rapid growth, Lively has gained recognition as a top-rated HSA provider since 2019 and has consistently ranked among the top ten according to Devenir since 2022. In 2024, Lively made waves as the 148th fastest-growing private company in North America, boasting a staggering 2,380% revenue growth over three years.
An Industry Leader in Customer Satisfaction
User Experience at the Forefront
What sets Lively apart? Their intuitive platform, featuring a sleek dashboard and a robust mobile app. These tools facilitate seamless management of healthcare expenses. Lively is not just about numbers; they prioritize customer experience, reflected in their outstanding customer satisfaction ratings:
- #1 user-rated HSA with the highest Customer Satisfaction (CSAT) across the industry
- Average HSA balances that are 35% higher than the industry average
Shobin Uralil, co-founder and COO, expresses the company’s dedication: “We’re proud of this accomplishment, but our focus remains on delivering an affordable, superior HSA experience that keeps our users’ needs at the forefront.”
Why Choose Lively?
Lively isn’t just another provider; they represent a paradigm shift in how we approach health savings. With solutions designed to streamline benefits management, HR teams can now focus more on creating a supportive environment rather than getting bogged down by complexities.
Learn More About Lively’s Offerings
Discover how Lively can transform your healthcare savings experience by visiting their official website: Lively.
About Lively
Lively is setting the standard as a premier health and lifestyle benefits provider dedicated to efficient benefits management. With a focus on innovation and customer service, Lively simplifies the complexities of health savings, enabling users to maximize their benefits effortlessly. Their offerings include HSA, FSA, HRA, COBRA, and more, aligning health and lifestyle goals for today’s professionals.
Conclusion
With $2 billion in assets and a commitment to enhancing the user experience, Lively is redefining the landscape of health savings. They invite both individuals and businesses to join them on this journey, proving that achieving better health outcomes can be both accessible and straightforward.
For more insights, you can check their resources available at: Lively Resources.
Note: Lively’s HSA is top-rated according to Morningstar’s 2024 report and other customer satisfaction surveys. It is important to mention that Lively partners with financial institutions and is not an FDIC or NCUA insured financial institution.
