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Can I Open an HSA On My Own?Once you select a provider, the enrollment process is fairly straightforward: You must complete an application with information on your HDHP. You can set up an HSA account with a bank, investment firm or other qualified financial institution. Many employers also offer access to HSA programs. You can open a health savings account (HSA) as a self-employed freelancer or business owner if you have a qualified high-deductible health plan. An HSA can.