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1-100: Optum Bank’s Enhanced HSA Begins June 2016

Apr 27, 2016

As part of their ongoing initiative to deliver increased value to clients and account holders, Optum Bank®, the #1 Health Savings Account (HSA) provider*, has created an enhanced HSA solution available to all new UnitedHealthcare business beginning June 1, 2016. This new HSA product—offered in place of the three current products—features a simplified fee structure and a new, market-leading investment offering. 

New Optum Bank HSA Details:


 Optum Bank HSA

 Monthly Maintenance Fee (MMF)


 Fee Waiver Threshold


 Monthly Investment Fee

 0.03% of average daily investment balance1 

 Investment Threshold


 ATM Fee


 Outbound Transfer Fee


 Miscellaneous Fees


1Example: Average daily investment balance of $10,000 would equal a $3 monthly investment charge. Monthly investment charge will not exceed $10 in any given month. 

Please note: Optum Bank is offering a modified single HSA product for new UnitedHealthcare business on its small business platform. 

Existing Business
The modified HSA product is offered to existing UnitedHealthcare business on the small business platform as well. Brokers impacted by the change have received notification. 

There is no immediate impact to UnitedHealthcare’s clients on the non-standard large client benefits platform. Clients may transition to this new product upon their renewal date.

For questions, please ​contact a member of your b&p Sales Team - 888.722.3373.

Source: 2015 Year-end Devenir HSA Market Survey.

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