Midwestern Carrier Forms HSA Alliance

January 04, 2005 at 07:00 PM
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NU Online News Service, Jan. 4, 2005, 3:51 p.m. EST

American Community Mutual Insurance Company, Livonia, Mich., will be teaming with HealthEquity Inc. to offer integrated health savings account services.[@@]

American Community already sells HSA-compatible, high-deductible health insurance policies to individuals and families. In the past, high-deductible policy purchasers have had to manage their own health accounts.

Now HealthEquity Inc., Tucson, Ariz., will handle HSA administration for customers who would prefer to let someone else handle that chore, American Community says.

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