Close Close
ThinkAdvisor

Portfolio > ETFs > Broad Market

Celent Assess HSA Systems

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

Consultants have published a review of support programs aimed at banks that want to jump into the health savings account market.

The consultants, in the San Francisco office of Celent L.L.C., describe and evaluate a number of different HSA technology and outsourcing vendors.

One of the top choices is a relatively small firm, and that means some banks may have to decide between getting what should be top services from a small firm or going with a bigger firm, the Celent consultants write.

Although the HSA market has grown more slowly than some had hoped, the HSA balance total now stands at about $6.8 billion, and the total is growing about 40% year, the consultants write.