Last week, UCare’s Associate Vice President of Sales, Brian Eck, provided an overview of how a Health Savings Account (HSA) compliant plan works, the advantages of such a plan, the tax advantages delivered by pairing an HSA compliant plan with an HSA account.
UCare and MnCUN have teamed up to connect Minnesotans with individual and family health plans that are compatible with health savings accounts (HSAs) to credit unions. HSA compatible plans were the most popular plan type for UCare in 2020, yet they found that the majority of people with those plans did not have an accompanying account at a financial institution.
UCare has developed materials to credit unions to promote and answer questions about these types accounts to members and prospective members, including:
These materials are available on the MnCUN Members Only Publications Page.
Additionally, UCare is offering to co-host webinars for your members to directly answer questions. UCare conducted focus groups and found that consumers had a lot of questions about health insurance, particularly HSAs.
If you would like to co-host a webinar with UCare – contact Brian Eck at email@example.com.
The Pulse is MnCUN's newsletter that keeps credit union professionals and board members updated on current news and information.