WEBSTER BANK, N.A.

Jellyvision and HSA Bank Launch ALEX HSA to Increase Education and Savings

Retrieved on: 
Thursday, November 12, 2020
Employee compensation in the United States, Healthcare in the United States, HSA Bank, Health savings account, HSA, Webster Bank, Economy of the United States, Jellyvision, United States, Health Reimbursement Account, Finance, The HSA Coalition

CHICAGO, Nov. 12, 2020 /PRNewswire/ -- Today, Jellyvision and HSA Bank , a division of Webster Bank, N.A., announced the official launch of ALEX HSA , a new type of HSA empowering employees to make smart healthcare and savings choices year-round.

Key Points: 
  • CHICAGO, Nov. 12, 2020 /PRNewswire/ -- Today, Jellyvision and HSA Bank , a division of Webster Bank, N.A., announced the official launch of ALEX HSA , a new type of HSA empowering employees to make smart healthcare and savings choices year-round.
  • According to the third annual HSA Bank Health & Wealth IndexSM, 42% of employees didn't know if their healthcare plan was HSA-eligible2.
  • ALEX HSA aims to address these challenges by pairing HSA Bank's world-class suite of account solutions, including HSAs, FSAs, HRAs, Commuter Benefits and COBRA accounts with Jellyvision's benefits education expertise.
  • HSA Bank is a trusted leader in consumer-directed healthcare (CDH), focusing on Health Savings Accounts (HSAs) for over two decades and serving as both the bank and administrator.

HSA Bank Teams Up with Jellyvision to Design an HSA and Consumerism Platform to Help Employers Reduce Healthcare Costs

Retrieved on: 
Tuesday, April 14, 2020
Healthcare in the United States, HSA Bank, Co-insurance, HSA, Copayment, Finance, Financial services, Economy, Employee compensation in the United States, Health savings account

According to a recent HSA Bank report, four in five Americans are confused by terms like premium, copay, coinsurance, deductible, and out-of-pocket maximum.

Key Points: 
  • According to a recent HSA Bank report, four in five Americans are confused by terms like premium, copay, coinsurance, deductible, and out-of-pocket maximum.
  • Jellyvision's ALEX platform aims to solve this problem by providing personalized benefits guidance, today serving more than five million users.
  • The new HSA experience, powered by HSA Bank, will be available as an add-on to ALEX to help bring even more clarity to health insurance options.
  • We're thrilled to be teaming up with HSA Bank, a market leader in HSAs, to help turn that around for potentially millions of American employees."

HSA Bank Supports Local Communities during COVID-19 Pandemic

Retrieved on: 
Tuesday, March 31, 2020
HSA Bank, Health savings account, Webster Bank, HSA, Economy of the United States, Finance, United States

MILWAUKEE, March 31, 2020 /PRNewswire/ --HSA Bank, a Division of Webster Bank, N.A., is pleased to donate $25,000 to support nonprofit organizations serving the Milwaukee and Sheboygan, Wisconsin communities during these unprecedented times.

Key Points: 
  • MILWAUKEE, March 31, 2020 /PRNewswire/ --HSA Bank, a Division of Webster Bank, N.A., is pleased to donate $25,000 to support nonprofit organizations serving the Milwaukee and Sheboygan, Wisconsin communities during these unprecedented times.
  • "As the impact of COVID-19 continues to rapidly evolve, we understand the challenges our communities are facing day-to-day to remain healthy," said Chad Wilkins, President of HSA Bank.
  • HSA Bank is committed to supporting its community, especially in times of disaster.
  • HSA Bank is a trusted leader in consumer-directed healthcare (CDH), focusing on Health Savings Accounts (HSAs) for over two decades and serving as both the bank and administrator.

HSA Bank white paper reveals that only 10% of employers are very confident that their employees understand health plan choices

Retrieved on: 
Tuesday, July 24, 2018
Healthcare reform in the United States, High-deductible health plan, HSA Bank, Health insurance, Employee compensation in the United States, Healthcare in the United States, Finance, Health savings account, Financial services, Money

According to a recent survey, only 10% of employers are very confident that their employees understand the choices they are making when it comes to health insurance.

Key Points: 
  • According to a recent survey, only 10% of employers are very confident that their employees understand the choices they are making when it comes to health insurance.
  • * Employees may make the wrong decision on health plan based on uncertainty about plan cost sharing amounts, fear of a high deductible or out-of-pocket maximum, or lack of plan evaluation.
  • HSA Bank's newest white paper, titled Are your employees selecting the right health plan?, provides insight into:
    "It's important for employers to educate employees on health plan selection and teach them how to evaluate plans," said Chad Wilkins, president of HSA Bank.
  • "HSA Bank's Health Plan Comparison Calculator is just one way to help employees make the best decision for their unique situation."

Webster Bank Earns "Outstanding" CRA Rating from U.S. Office of the Comptroller of the Currency

Retrieved on: 
Monday, July 16, 2018
Financial services, Economy, Finance, Waterbury, Connecticut, Webster Bank, United States federal banking legislation, Mortgage industry of the United States, HSA Bank, Community Reinvestment Act, Office of the Comptroller of the Currency, Bank, Webster

has received an Outstanding rating from its primary regulator, the U.S. Office of the Comptroller of the Currency (OCC), for its Community Reinvestment Act (CRA) Performance Evaluation.

Key Points: 
  • has received an Outstanding rating from its primary regulator, the U.S. Office of the Comptroller of the Currency (OCC), for its Community Reinvestment Act (CRA) Performance Evaluation.
  • Webster Financial Corporation is the holding company for Webster Bank, National Association and its HSA Bank division.
  • Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services.
  • For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com .