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Division of Human Resources

New custodian for health savings accounts

The State Health Plan's health savings accounts (HSA) are administered by WageWorks, and Wells Fargo is the current custodian for these accounts. Wells Fargo is transitioning its HSA business to Optum, an industry leader and one of the largest providers of health savings accounts in the United States.

State Health Plan subscribers will not be impacted by this change until September 2016. Participants will receive more details about the transition from Wells Fargo in the coming months. Participants who have questions about their HSA account may contact Wells Fargo customer service at 866.884.7374. Frequently asked questions about the transition are available online [pdf].

Posted June 24, 2016

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