Health savings account assets and deposits at UMB Healthcare Services are on the rise.
The Kansas City, Mo.-based company said Thursday its HSA business topped $800 million as of Jan. 31, with account balances growing 30 percent over last year.
The number of accounts has increased 40 percent to 449,292 individual accounts, up from the nearly 320,000 following open enrollment last year.
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:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
