An administrator of consumer-directed health care plans has teamed with PNC Financial Services Group Inc. to manage HSA plans for financial institutions.
ConnectYourCare, Baltimore, a CDHP company, announced it has agreed with PFPC Inc., a member of PNC Financial, Pittsburgh, to offer HSAs to customers of banks and investment companies.
Under the agreement, ConnectYourCare-PFPC will allow financial institution clients to provide full CDHP account administration, health care decision-support tools, integrated access to a variety of investments and a selection of mutual funds.