Dennis Triplett has a lot to smile about these days as CEO of UMB Healthcare Services: The company has experienced 30 percent growth in its health savings account balances during the past year, reaching $800 million.
We asked Triplett three questions about trends in the HSA market.
So what are the biggest factors at play driving HSA balances at UMB?
One is organic growth. We look at the length of time that a person has a high-deductible plan or an HSA with us, and as the vintages mature, so do…
Dennis Triplett has a lot to smile about these days as CEO of UMB Healthcare Services: The company has experienced 30 percent growth in its health savings account balances during the past year, reaching $800 million.
We asked Triplett three questions about trends in the HSA market.
So what are the biggest factors at play driving HSA balances at UMB?
One is organic growth. We look at the length of time that a person has a high-deductible plan or an HSA with us, and as the vintages mature, so do…