Products September 1, 2011
HealthEquity Acquires HSA Administrator
September 1, 2011 (PLANSPONSOR.com) – HealthEquity has acquired health savings account (HSA) administrator First Horizon Msaver from First Tennessee Bank National Association for an undisclosed amount.
Reported by Tara Cantore
According to a news release, the combined company is the nation’s largest non-bank HSA custodian with more than $600 million in assets under management and 17,000 employer customers.
Among the added capabilities Msaver customers will see with HealthEquity are access to live 24-hour support, free mutual fund investing within the HSA, and the ability to make online payments to doctors and hospitals.
You Might Also Like:

Increasing Health Care Costs Have Implications for Retirement Savings
If one adds annual spending figures, in today’s dollars, if you’re “average,” one can expect costs to be $414,000 over...

Mercer-Vanguard Health Savings Model Urges Personalized Planning
Workers with generous employer health care benefits that may not be offered in retirement and those at higher risk of...

Benefits |
Physical, Mental and Financial Wellness Viewed as Equally Important
Responses to a large survey of health care consumers suggests that workers now expect their employers to support physical, mental...