Put your Administrative challenges to bed

At Businessolver®, our extensive experience in consumer accounts administration has helped us identify critical pain points on the data and timing challenges that often accompany these products. Our MyChoice™ Accounts solution removes the need for HR personnel to manage multiple systems and vendors for employees’ consumer accounts. Seamlessly integrated with Benefitsolver®, it means simplified funding and financial reconciliation, and a streamlined payroll deduction process as well as reporting, since it features automated data exchange. And, with instant CIP processing, opening HSAs is simplified and streamlined, vastly reducing the need to reconcile accounts after elections have been made.

To make this experience possible, Businessolver has partnered with UMB Bank as its custodial banking partner. UMB Bank is a healthcare banking industry leader, providing support for nearly 1.5 million HSAs, with more than $3 billion in HSA assets and deposits.