Return To Home

UMB Healthcare Services, a division of UMB Financial Corporation, has partnered with ConnectYourCare, a leading consumer-directed healthcare (CDH) company, to provide custodial, investment and health payment card services for Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs) and Health Reimbursement Arrangements (HRAs).
When long-term health insurance (LTCI) was first made available, the average buyer was in their mid-70s.
Not only are the number of Health Savings Accounts going up but the amounts deposited with custodial institutions are also soaring, according to preliminary quarterly reports from more than 100 banks.
Intuit Inc, and Ingenix, with an initial group of leading national health care companies and a leading human resources outsourcing and consulting services company, launched an initiative to develop and distribute products and services that will simplify the way millions of American consumers manage their health care.
While consumer directed healthcare offerings (CDHC) are popular with respondents to a nationwide survey, traditional health insurance offerings (non-CDHC) still satisfy the needs of a majority of users.

Tell a friend about this article: