The Wealthcare Saver High-Yield HSA can help your clients' employees save on healthcare expenses, whether they’re a spender, saver, or investor. They can get more value from their cash balance with a High-Yield interest option. It is available for new business on January 1, 2024, and available for existing clients on February 1, 2024.
High-Yield holds HSA cash funds in a deposit account backed by Pacific Life, allowing employees to take advantage of higher interest rates – potentially up to 10 times their current rate – while maintaining their ability to spend or invest their funds.
Employees can choose the interest option that works best for them: High-Yield or Traditional. They can easily update their preference directly within the Sydney℠ Health app or anthem.com/ca.
Learn more about the new Wealthcare Saver High-Yield HSA account and tell your clients and their employees. Share the attached FAQ (PDF) with your clients and their employees.
Please contact your Anthem Sales representative for more information.