UMB Healthcare Services is a longtime Benz client that delivers health care payment solutions, including custodial services for health savings accounts (HSAs) and private-label, multipurpose debit cards to insurance carriers, third-party administrators, software companies, employers, and financial institutions.
Recently, GPS-navigation developer Garmin approached UMB to help it improve key employee behaviors around HSAs, including increasing HDHP participation, increasing the number of HSA participants contributing personal funds, and increasing the number of HSA participants with an account balance equal to the HDHP deductible.