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Managed Care Companies
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HUMANA PICKS UMB AS GROUP HSA ADMINISTRATOR
Humana Inc. (Louisville, KY) has picked UBM Bank (Kansas City, MO) as preferred HSA trustee and administrator for the company’s group HSA-compatible high-deductible health plans.
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BCBS-TN ADDS FIRST HORIZON AS HSA TRUSTEE
Blue Cross Blue Shield of Tennessee (Chattanooga, TN) has added First Horizon Msaver, a unit of First Tennessee Bank, to its list of preferred HSA trustee partners. BCBS-TN, which launched HSA-compatible plans in 2004, uses Wells Fargo as its other preferred trustee.
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BCBS-MI PICKS WELLS FARGO AS HSA TRUSTEE
Blue Cross Blue Shield of Michigan (Detroit) has picked Well Fargo (San Francisco) as HSA trustee and administrator for the company’s new high-deductible health plan.
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WELLPOINT EYES CDHP OPPORTUNITY WITH WELLCHOICE
WellPoint Inc. (Indianapolis) said it expects to immediately begin offering its Lumenos subsidiary’s entire line of consumer-directed healthcare products in the New York area after it completes its recently announced acquisition of WellChoice (New York).
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CDHP MARGINS ON PAR, MCGUIRE SAYS
The margins of consumer-directed healthcare products are on par with comparable traditional medical insurance lines, according to William McGuire, M.D., chairman of UnitedHealth Group (Minnetonka, MN).
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