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Managed Care Weekly Digest

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Managed Care



Millennium Trust Company Offers Integrated Health Savings Account Solution to Pershing LLC Broker-Dealer Clients



June 18th, 2007

Millennium Trust Company announced that Pershing LLC, a subsidiary of the Bank of New York Company, Inc. will provide their introducing broker-dealer customers with access to Millennium's integrated Health Savings Account (HSA) solution, FlexHSA(R), beginning in June 2007.

FlexHSA represents an opportunity for Pershing investment professionals to help clients address their immediate and long-term healthcare expenses by managing the investments in the HSA. The program will be available on Pershing's NetExchange Pro(R) brokerage platform enabling investment professionals to manage and view their client's HSA investments online.

HSAs are tax-favored...


Source: Managed Care Weekly Digest (2007-06-18)

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