In GA, Blue has not figured out how to price the HDHP. They had a relationship with WF prior to the Lumenos deal, but it (WF) didn't work out very well.
GA Blue's have a lot of issues right now they may take some time to work out. I don't see them being a mainstream player in the HSA market, particularly on the individual side, in the near future.
Fee's & interest rates are nice but most of my clients are more interested in ease of administration. Having a carrier with a seamless relationship between the HSA & HDHP is more important at least for now. Once they have their HSA fully funded (equal to the SIR of the HDHP) they can diversify and parse the funds into other avenues if they so desire. But getting over that first year or so and all the bookkeeping is beyond the scope of what many clients want to tackle.
GA Blue's have a lot of issues right now they may take some time to work out. I don't see them being a mainstream player in the HSA market, particularly on the individual side, in the near future.
Fee's & interest rates are nice but most of my clients are more interested in ease of administration. Having a carrier with a seamless relationship between the HSA & HDHP is more important at least for now. Once they have their HSA fully funded (equal to the SIR of the HDHP) they can diversify and parse the funds into other avenues if they so desire. But getting over that first year or so and all the bookkeeping is beyond the scope of what many clients want to tackle.
