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Health Account Firms Form Alliance

By Staff Writer

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ConnectYourCare Inc. is working with the health account arm of UMB Financial Corp. to sell a health account services package.

ConnectYourCare, Timonium, Md., has developed a health account administration system.

UMB, Kansas City, Mo., is a bank with a unit that runs personal health account and health account investment programs.

The UMB-ConnectYourCare alliance is charging a single, combined fee for portal and account administration, payment card services, wellness programs, health advocacy services, banking services and investment services, according to UMB.

The alliance is marketing the program through brokers, carriers and benefit plan administrators.