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HSA Bank Adopts CareGain Technology

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HSA Bank is using systems from CareGain Inc. to develop a new system for administering benefit plans that include health savings accounts, health reimbursement arrangements and flexible savings accounts.[@@]

HSA Bank, Sheboygan, Wis., a unit of Webster Financial Corp., Waterbury, Conn., says it will be using systems from CareGain, East Windsor, N.J., to price personal health account holders’ claims instantly and give account holders a choice about whether to draw payments from their health accounts or use other resources to pay for health care services, HSA Bank says.