Health savings account

AI EMPLOYEES

Automate managing health savings accounts with agentic AI

Simplify HSA administration, ensure compliance, and improve patient experience with automated account management.

Health savings account

Healthcare

220

Running

90%

Reduction in Admin Time

AVG IMPLEMENTATION TIME

3 weeks

AUTOMATION SUCCESS RATE

90%+

PILOT TO PRODUCTION RATE

1:1

AVG IMPLEMENTATION TIME

3 weeks

AUTOMATION SUCCESS RATE

90%+

PILOT TO PRODUCTION RATE

1:1

AVG IMPLEMENTATION TIME

3 weeks

AUTOMATION SUCCESS RATE

90%+

PILOT TO PRODUCTION RATE

1:1

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Healthcare teams shouldn't be managing managing health savings accounts manually...

Manual Account Administration

Manual Account Administration
Manual Account Administration
Manual Account Administration

Staff manually process HSA contributions, distributions, and reconciliations across multiple systems.

30-45 minutes per HSA transaction

Compliance Complexity

Compliance Complexity
Compliance Complexity
Compliance Complexity

HSA contribution limits, eligible expenses, and reporting requirements are complex and error-prone.

IRS penalties average $50-100 per violation

Patient Confusion

Patient Confusion
Patient Confusion
Patient Confusion

Patients don't understand HSA rules, leading to improper distributions and tax consequences.

40% of HSA holders misuse funds

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Use agentic AI to automate managing health savings accounts 24/7

Automate HSA eligibility verification
Automate HSA eligibility verification
Automate HSA eligibility verification

Magical checks insurance plans and IRS guidelines to confirm HSA eligibility automatically.

Process contributions and distributions
Process contributions and distributions
Process contributions and distributions

Handle deposits, withdrawals, and transfers with automatic compliance checking.

Process contributions and distributions
Process contributions and distributions
Track contribution limits in real-time
Track contribution limits in real-time
Track contribution limits in real-time
Track contribution limits in real-time
Track contribution limits in real-time

Monitor individual and family contribution limits, adjusting for age and plan changes.

Generate tax documentation automatically
Generate tax documentation automatically
Generate tax documentation automatically

Produce IRS Form 1099-SA and Form 5498-SA with complete accuracy.

Generate tax documentation automatically
Generate tax documentation automatically

How it works: Implement in minutes not months

How it works: Implement in minutes not months

Step 1 illustration
Step 1 illustration
Step 1 illustration

Step 1: Book a demo

See how Magical automates your managing health savings accounts workflows without changing your core systems.

Step 2: Deploy Magical

See how Magical automates your managing health savings accounts workflows without changing your core systems.

Step 2 illustration
Step 2 illustration

Step 3: Automate forever

Magical works 24/7 to handle managing health savings accounts tasks with 100% accuracy and compliance

Step 3 illustration
Step 3 illustration
Step 2 illustration
Step 2 illustration

Step 2: Deploy Magical

Work with our team to set up your AI employee in a matter of days

Step 3 illustration
Step 3 illustration

Step 3: Automate forever

Magical works 24/7 to handle managing health savings accounts tasks with 100% accuracy and compliance

Measurable results for healthcare operations

90%

Reduction in Admin Time

Eliminate manual HSA processing

100%

Compliance Rate

Never exceed contribution limits

60%

Fewer Patient Issues

Catch ineligible expenses before distribution

Zero

IRS Penalties

Automatic compliance checking

What healthcare providers are saying

HSA administration used to consume hours each week. Now Magical handles it all automatically and we've had zero compliance issues.

Benefits Administrator, Primary Care Network

Benefits Administrator, Primary Care Network

Our patients appreciate the clear guidance on HSA-eligible expenses. Improper distributions dropped by 75%.

Practice Manager, Family Medicine

Practice Manager, Family Medicine

DHL
Verizon
Zoomcare
Intuit
PayPal

Security & compliance

HIPAA Compliant

HIPAA compliant

Magical processes all data locally with zero PHI storage

SOC 2 Type II certified

Enterprise-grade security with regular third-party audits

Secure Authentication

Secure Authentication

Single Sign-On (SSO) and multi-factor authentication options

Ready to automate managing health savings accounts and focus on patient care?

Frequently asked questions

Frequently asked questions

Frequently asked questions

How does Magical automate managing health savings accounts?

Magical uses AI to handle repetitive tasks in managing health savings accounts, working with your existing systems without requiring integration or IT resources.

Which systems does Magical integrate with?

Magical works with all major healthcare platforms including Epic, Cerner, Athenahealth, and any web-based system through browser automation.

Is Magical HIPAA compliant?

Yes. All patient data is processed locally with zero PHI storage. Magical maintains full HIPAA compliance with complete audit trails.

How long does implementation take?

Most practices are live within days. Setup requires minimal configuration and no changes to existing systems or workflows.

What kind of support do you provide?

We provide comprehensive onboarding, ongoing training, and 24/7 technical support to ensure successful adoption and optimization.

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