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Banks And Health Savings Accounts

Tags » Banking Industry, Health Savings Accounts

Eric Dash reported for the New York Times on Friday about how financial services companies are positioning to become central players in health savings accounts.

Two years ago, not a single major bank offered a health savings account. Only seven small banks had any sort of plan. Today, more than 300 financial services companies, including big banks, are taking deposits or will be soon. About 150 more are on the way. Some of the country's biggest health insurance providers have started their own banks.


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