Boston, October 17, 2018 – Third-party benefit administrators in the United States have been slow to capture the market demand stemming from employers’ interest in high-deductible health plans, particularly in health saving accounts, but a lot is at stake for TPAs. Can they shift their offerings to meet the growth in HSAs and deal with the needs of different generational segments, competitive disruption from wealth managers and financial advisors, and the flight to digital business models?
This report serves as a guide for third-party administration companies that operate independently or as a part of a health plan that are looking to increase their footprint in HSAs for the group market. It is based on Q2 and Q3 2018 Aite Group interviews of 45 executives from HSA market stakeholders in the U.S.
This 29-page Impact Note contains nine figures and five tables. Clients of Aite Group’s Health Insurance service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions ADP, Aetna (Payflex), Alegeus, Anthem, Balance Point, Bank of America Merrill Lynch, Blue Cross Blue Shield, The Bancorp, Cigna, DataPath, Discovery Benefits, Echo Ventures, Fidelity, Flores Associates, Health Equity, HSA Bank, Humana, Optum Health, Springbuk, TASC, UMB, United Healthcare, Vista Equity Partners, Wells Fargo, and Wex Health.