A quick scan of recent press releases from health savings account custodians indicates that HSAs are continuing to grow at a vigorous rate.
For example, in March, Kansas City-based UMB Healthcare Services, a division of UMB Financial Corporation, announced that account balances for its HSAs grew 36.1 percent surpassing $400 million dollars following 2011 open enrollment. UMB said that the number of HSAs in their care stood at nearly 220,000 at year-end.
[See also: 2012 HSA and FSA cheat sheet]
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
