Gina Veazy, Nov 30, 2018 12:47:20 PM
Gina Veazy, Nov 30, 2018 12:47:01 PM
UMB Healthcare Services, a division of UMB Bank, n.a., and Bend Financial today announced a partnership to offer UMB custodial account, benefit card issuer and tier one customer support services on Bend Financial’s HSA platform, launching in Oct. 2018.
Bend Financial’s powerful consumer-centric platform, Bend HSA, dramatically evolves the consumer experience. It makes HSAs easy for everyone to understand and use, maximizes tax benefits and transforms the fragmented and dated user experience.
Employee Benefit News, Nov 30, 2018 12:46:36 PM
The cost of healthcare keeps going up. In the last 10 years, the annual premium for employer-sponsored family health insurance leapt 55% to almost $20,000, according to the Kaiser Family Foundation. To keep those costs in check many companies are starting to offer high deductible health plans (HDHPs) in conjunction with tax-advantaged Health Savings Accounts (HSAs). These plans put employees more in charge of their healthcare dollars and encourages them to be better, more cost-conscious healthcare consumers while providing companies a powerful tool to help control their cost of healthcare.
We started Bend to help businesses and individuals manage the rising cost of healthcare, and their overall long-term financial health. Our solution is designed with three key concepts in mind: Never miss a tax savings opportunity, maximize your dollars and make the administration and usability of an HSA easy.