Comerica Bank Introduces Health Savings Account

by Lesley Politi on October 6, 2008

 DALLAS, Oct. 6 /PRNewswire-FirstCall/ — Comerica Bank’s (NYSE: CMA)
business customers can now offer their employees an affordable option for
managing their health care expenses with Comerica HealthReserve, a health
savings account (HSA). Comerica HealthReserve is also available to
individuals with high-deductible heath insurance coverage.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )

    “With healthcare costs continuing to outpace inflation, the Comerica
HealthReserve account enables us to offer our business customers a chance
to lower their expenses while helping their employees,” said Cassandra
McKinney, director of Retail Product and Sales Management for Comerica
Bank.

    HSAs, including Comerica Health Reserve, can help reduce a business’
payroll taxes, health insurance premiums and administrative workload and
give a company’s employees more control over their healthcare costs.

    Comerica HealthReserve customers will be able to view their account
balances, pay their bills and store their healthcare receipts online.
Healthcare bills can be paid online or by debit card. Comerica
HealthReserve customers also will have the option to invest in mutual funds
when their account balance exceeds $2,500.

    Comerica Incorporated is a financial services company headquartered in
Dallas, Texas, and strategically aligned by three business segments: The
Business Bank, The Retail Bank, and Wealth & Institutional Management.
Comerica focuses on relationships, and helping people and businesses be
successful. In addition to Texas, Comerica Bank locations can be found in
Arizona, California, Florida and Michigan, with select businesses operating
in several other states, as well as in Canada, China and Mexico. Comerica
reported total assets of $66 billion at June 30, 2008. To receive e-mail
alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts
.

 

 

News Headlines from
PR Newswire - United Business Media

Article from: PR NewsWire

Any questions please call Politi Insurance

818-709-8442

www.health-insurancecalifornia.com

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