Devenir News & Insights

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“Experts predict that the average 65 year old couple retiring today will need an additional $200,000 over and above Medicare to pay for medical expenses in retirement,” said Lori Gluth, Senior Vice President, Devenir Corporate Services. “The addition of the Mutual Fund Selection account option allows HSA Bank accountholders to access a cost-effective investment option […]

Consumer-directed health plans usually combine high-deductible plans with health savings accounts or health reimbursement arrangements. Participants think a little more when they go to the doctor and are encouraged to shop around for a better price so as to hold on to or invest the money in the HSA account.