Working at HealthEquity Inc. | Glassdoor

HealthEquity Inc. Overview

Draper, UT
1001 to 5000 employees
2001
Company - Public (HQY)
Financial Transaction Processing
$100 to $500 million (USD) per year
HealthEquity provides a solution to an issue of growing importance to American families: affording lifelong health care. More than two million members are paying less for health insurance, taking control of medical bills and building health savings for life with HealthEquity ... Read more

Mission: HealthEquity provides a solution to an issue of growing importance to American families: affording lifelong health care. More than two million members are paying less for health insurance, taking control of medical bills and building health savings for life with HealthEquity


Glassdoor Awards

Best Places to Work: 2016 (#37)

Company Updates

  • When we support one another, everybody wins. That's why HealthEquity is proud to be included in Women Tech Council's 2020 Shatter List for our efforts to advance the careers of women in technology. https://prn.to/2TFXFfF

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HealthEquity Inc. – Why Work With Us?


We are dedicated to helping Americans thrive in today's health care system by empowering health savings, while helping employers manage benefit costs.

HealthEquity provides a solution to an issue of growing importance to American families: affording lifelong health care. More than two million members are paying less for health insurance, taking control of medical bills and building health savings for life with HealthEquity health savings accounts (HSAs). Our expert advisors, who are available every hour of every day, offer helpful insight to maximize savings.

Health plans and employers covering one-third of working Americans offer HealthEquity. Joining HealthEquity's ecosystem and further engaging members are leading consumer health applications, in areas such as price transparency, tele-medicine, and wellness.

Pur•ple   [ pur-puhl ]

adjective

  1. exceptional in character, extent, degree; remarkable
  2. worthy of notice or attention; outstanding
  3. notably or conspicuously unusual; extraordinary

THE BEGINNING

In 2002, HealthEquity was established with an aim to transform health care and help Americans better save and spend their health care dollars. Since our inception, we have strived to develop a ‘purple’ culture both internally as a company and as we serve over 1.4 million American households.

EDUCATION IS KEY

We understand the significance and complexity of selecting the right health plan option for each individual and family we meet. Since consumer-directed health care (CDH) is a relatively new option, we recognize there may be misconceptions and apprehension. Because of this, we strive to provide the industry’s most effective and comprehensive educational resources aimed to inspire and engage.

ACCOUNT MENTORS

Our team of specialists based in Salt Lake City is available every hour of every day, providing expert insight to help optimize health savings accounts and answer any questions that members may have. We are here to help every step along the way.

HealthEquity is committed to providing equal opportunities for training, compensation, transfer, promotion, and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, sexual orientation or veteran status.

Every effort is made to ensure that our policies regarding hiring, salary administration, promotion, and transfer are based solely on job requirements, job performance, and job related criteria. In addition, our personnel policies and practices - including those relating to compensation, benefits, transfer, retention, termination, training, and self-development opportunities - are administered without discrimination on the basis of race, color, religion, sex, age, national origin, disability, sexual orientation, veteran status, or other basis prohibited by law.




In 2002, HealthEquity was established with an aim to transform health care and help Americans better save and spend their health care dollars. Since our inception, we have strived to develop a ‘purple’ culture both internally as a company and as we serve over 1.5 million American households.

We are dedicated to helping Americans thrive in today's health care system by empowering health savings, while helping employers manage benefit costs.

MEDICAL

We offer a competitive medical Consumer Driven Health (CDH) plan for those located within Utah as well as those around the nation. The medical CDH plan offers preventative care covered at 100%. HealthEquity subsidizes a majority of the premium costs associated with both the Medical and Dental plans.

In additional to the medical plan, HealthEquity contributes to a HealthEquity sponsored health savings account (HSA), prorated monthly from the time you join the plan. HealthEquity will also match funds contributed by team members through their paycheck.

WELLNESS

HealthEquity will provide an extra bonus in HSA deposits for individuals and families who participate in the wellness plan.

HOLIDAYS & PAID TIME OFF

Team members receive a package that includes eleven paid holidays in addition to 18 days per year of paid time off. We encourage team members to take time off to maintain life/work balance.

BONUSES

HealthEquity offers a generous bonus program as part of its team compensation package. Every 6 months, team members can participate in a constructive performance assessment after which they are awarded a bonus for remarkable contributions.

RETIREMENT

A 401(k) is offered to all team members to provide a simple way to save for retirement. HealthEquity offers a matching contribution to eligible team members.


HealthEquity Inc. Reviews

  • Featured Review

    Helpful (4)

    "It truly is a REMARKABLE place to work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Draper, UT
    Current Employee - Anonymous Employee in Draper, UT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at HealthEquity Inc. full-time (More than 5 years)

    Pros

    HealthEquity is, hands down, the best company to work for. Not many companies truly care. HealthEquity cares about the people who work here and the members and partners we serve. Doing what is right is part of our DNA and when the "right" thing is the compass, you head in the right direction and do amazing things. Purple is real (disregard reviews stating the contrary) but the culture is the people! The people who don't get the culture just don't fit the culture and that's okay - they'll find another place to collect a paycheck. HealthEquity believes in people and trusts in people - that may mean taking a gamble on someone that doesn't have 40 years of experience but has drive and passion and values that align with the company mission - and we have awesome, smart, talented, engaged team that gets results because of it!

    Cons

    Integrating HealthEquity and WageWorks is a lot of work - that can be a pro or a con depending on who you ask. I see it as an awesome opportunity to learn, grow and be a part of something great! Whether you see the glass half full or empty, the next couple of years will be challenging but we'll all be better for it.

    Advice to Management

    Just keep it up - keep listening to team members. Keep being transparent. Keep caring and doing the right stuff!

See All 235 Reviews

HealthEquity Inc. Photos

HealthEquity Inc. photo of: Draper Office
HealthEquity Inc. photo of: Milestone Celebration
HealthEquity Inc. photo of: Milestone Celebration
HealthEquity Inc. photo of: Milestone Celebration
HealthEquity Inc. photo of: Milestone Celebration
HealthEquity Inc. photo of: Milestone Celebration
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HealthEquity Inc. Interviews

Experience

Experience
75%
6%
19%

Getting an Interview

Getting an Interview
55%
28%
7%
7
3

Difficulty

2.7
Average

Difficulty

Hard
Average
Easy
  1. Featured Interview

    Helpful (1)  

    Member Services Representative Interview

    Anonymous Employee in Draper, UT
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied online. The process took 2 weeks. I interviewed at HealthEquity Inc. (Draper, UT) in July 2019.

    Interview

    The interview process was unlike anything I have ever seen. There was a group of about 15 of us brought into a conference room. We were told about the job we were interviewing for and more about the company and the company's vision. We then had a chance to ask any of our questions. A basic computer test was administered and we then had individual interviews. The people giving the interviews were funny and open. They had about 10 questions to ask a little more about each of us. I was called about a week later and offered the job.

    Interview Questions

See All 32 Interviews

HealthEquity Inc. Awards & Accolades

  • Salt Lake Tribune Top Workplaces 2018, Salt Lake Tribune, 2018
  • Utah Business Magazine "Fast 50", Utah Business Magazine, 2018
  • Utah Business Magazine Best Companies to Work For, Utah Business Magazine, 2018
  • Top Workplaces, http://topworkplaces.sltrib.com/, 2019
  • Shatter List, Women Tech Council, 2020
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Pledges & Certifications

Career Advancement Program

Helping employees "upskill" into higher-paying positions

Work at HealthEquity Inc.? Share Your Experiences

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