ST. PAUL, Minn.–The Minnesota Credit Union Network said it is teaming with UCare to educate Minnesotans about the opportunity to open Health Savings Accounts (HSAs) at one of the state’s credit unions.
To complement its 2020 individual and family health plans that are compatible with HSAs, UCare will promote credit unions as a trusted option for consumers to learn about and choose an HSA, according to the MnCUN. In October, MnCUN launched a new website, creditunionhsa.org, to help connect consumers with credit unions that offer health savings accounts.
“As member-owned financial cooperatives, credit unions exist to support the financial wellness of their members,” said Mark Cummins, Minnesota Credit Union Network president and CEO. “We are proud to partner with UCare to help more Minnesotans manage their healthcare spending.”
Credit unions will also have access to a variety of marketing and educational materials to help their members understand HSA-compatible health plans and how they work with HSAs.
‘Costs Remain a Concern’
“Health care costs remain a concern for our members, and we thought that collaborating with Minnesota credit unions would provide the education and services that Minnesotans deserve to manage health care expenses,” UCare CEO Mark Traynor said. “UCare is people-powered health care and the values alignment between UCare and the member-owned Minnesota Credit Unions creates synergy on a significant financial issue for Minnesota families.”