What services does OptumHealth Bank provide?

OptumHealth Bank offers a variety of financial services primarily focused on health care and wellness spending. One of the key services includes Health Savings Accounts, or HSAs, which allow individuals to save money tax-free for qualified medical expenses. These accounts are beneficial for those who want to maximize their savings while managing health care costs. In addition to HSAs, OptumHealth Bank provides Flexible Spending Accounts, or FSAs, which enable employees to set aside pre-tax dollars for eligible medical expenses and dependent care. This can help reduce out-of-pocket costs for health care and child care. Furthermore, OptumHealth Bank offers health reimbursement arrangements, or HRAs, which are employer-funded accounts that reimburse employees for qualified medical expenses. They also provide account management tools that allow users to easily track and manage their health care spending. OptumHealth Bank’s solutions are designed to support individuals and employers in navigating the complex world of health care financing. For the most accurate information about available services, it may be helpful to check their official website.