Press Releases

Marsh U.S. Consumer, the leading broker and administrator of affinity insurance and membership product programs, has introduced Marsh HSA Services to provide best-in-class health savings account (HSA) solutions for employers and to enable financial institutions to capitalize on the rapidly growing HSA/high-deductible health plan market.

Marsh HSA Services assists financial institutions seeking to launch HSA services or improve existing offerings. Through Marsh HSA Services, Marsh U.S. Consumer provides the necessary education, marketing, administration, customer service, technology, and user-friendly online tools to help financial institutions better connect with their key stakeholders in the consumer-driven healthcare industry.

"Our industry expertise, speed-to-market, efficient HSA technology, and administrative services are distinct advantages that enable community and regional HSA custodians nationwide to secure their local share of market, with a low cost of entry and comprehensive solutions," said Rob McGinnis, President and CEO, Marsh U.S. Consumer.

Marsh HSA Services also helps financial institutions secure new relationships, accounts, fee revenues, and deposits by offering savings, service, and the convenience of Web-enabled HSA administration to employers, employees, and consumers.

With easy-to-navigate online account access, integration with self-directed brokerage account investments, and highly personalized care from skilled customer service representatives, Marsh HSA Services provides financial institutions and employers with the most comprehensive array of HSA services available in the market today.

Through Marsh HSA Services, employers can also access new tools to educate their employees about the value of HSAs, which can help individuals to manage and control healthcare expenses in the short-term while helping to save for retirement and accumulate funds for future healthcare needs. Marsh HSA Services also provides participating employers with an expanded choice of financial institution partners, and the tools needed to establish automated enrollment, administration, account funding, and online tracking of HSA qualified and non-qualified medical expenses.

About Marsh U.S. Consumer

Marsh U.S. Consumer operates through Seabury & Smith, Inc., a subsidiary of Marsh Inc. Marsh U.S. Consumer brokers and administers affinity insurance and membership product programs for its sponsoring organization clients and their constituents. Marsh U.S. Consumer's clients include employers, associations, franchisees, financial institutions, and other consumer-focused businesses. With its sophisticated, data-driven marketing strategies, Marsh U.S. Consumer is the nation's leading insurance program broker and administrator.