Case Study: Precision Media achieves HSA efficiency and employee engagement with Lively

How Precision Media Solutions Empowers Employees, Gains a Competitive Advantage and Drives Efficiency with a Lively HSA

Precision Media, a premier A/V design and integration firm, struggled to offer a competitive and affordable Health Savings Account (HSA) to its employees. Their previous HSA provider had prohibitively high fees, and encouraging employees to set up individual accounts led to low enrollment, causing the company to miss out on tax savings. As a growing small business, they needed a cost-effective solution that would simplify administration for their HR manager.

Lively provided an HSA with simple, transparent pricing and no hidden fees, making the benefit accessible. The Lively platform's smart automation and easy-to-use dashboard streamlined enrollment and ongoing administration. This solution resulted in 50% of employees enrolling, significant cost savings for the company and its staff, and high satisfaction, with the HR manager rating Lively a 10 out of 10 for likelihood to recommend.

Precision Media

Jenn Rollins

HR and Accounting Manager