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Unity Health Taps HSA Bank

By Staff Writer

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NU Online News Service, Nov. 18, 2004, 8:20 p.m. EST

A small managed care company has picked a Wisconsin health account specialist to manage clients’ employee health accounts.[@@]

Unity Health Plans Insurance Corp., Sauk City, Wis., has agreed to refer employers who buy its high-deductible health plans to HSA Bank, Howards Grove, Wis., for HSA management services.

HSA Bank, an arm of State Bank of Howards Grove, will provide check and debit card access to the accounts along with an extensive menu of investment options.

Unity Health has about 75,000 health maintenance organization and point-of-service plan members in southern Wisconsin.

HSA Bank is in the process of being acquired by Webster Financial Corp., Waterbury, Conn.