As evidence of the increasing popularity of health savings accounts, OptumHealth Bank announced today that it has gathered over $600 million in deposits.
"OptumHealth Bank has achieved this milestone as a result of a nearly 50 percent increase in HSA assets from one year ago, as more and more consumers choose HSAs to help them plan, save and pay for their health care," says Kelvin Anderson, president, OptumHealth Bank. "Deposits, investments and health care spending all increased substantially even during a time of economic stress and uncertainty – a testament to the foresight of individuals who understand the value of HSAs and the need to manage their health care money wisely."
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