First HSA to Administer Health Savings Accounts (HSA's) for EMBLEMHEALTH Members and Promote Benefits of Consumer Directed Healthcare

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This release is to announce the partnership between First HSA and EmblemHealth. First HSA will provide HSA administration to all of EmblemHealth insured's who qualify to open a Health Savings Account, Health Reimbursement Arrangement and Flexible Spending Account.

We view First HSA as a strong partner in helping us deliver a quality consumer directed product

First HSA, a pioneer in health savings account (HSA) administration and advocate for consumer directed health care products and services announced an agreement with EmblemHealth to provide HSA services for its high deductible health plans. First HSA will administer health savings accounts, flexible spending accounts and health reimbursement arrangements for members of EmblemHealth EPO and PPO consumer directed products.

First HSA has been dedicated to consumer directed healthcare and health savings account administration since 1999 when the predecessor to the HSA, the medical savings account, was created as a way to empower individuals to take control of their health care. Today, the company provides a comprehensive HSA that is FDIC insured with access to the funds via a debit card and a checkbook. The HSA includes investment options at competitive rates and consumer tools and support that aid in the overall success of the health plan.

"We view First HSA as a strong partner in helping us deliver a quality consumer directed product," said George Babitsch, SVP, Sales & Account Management. "This agreement allows us to meet the demands of this program and provide a full service HSA that can be opened and managed online thereby respecting our members' time and being responsive to their needs."

"First HSA's mission is to give our account holders access to professional, convenient, and affordable consumer-focused healthcare solutions. Through its companies, EmblemHealth is a leader in providing health insurance and consumer directed health care in the tristate area and we look forward to providing the highest quality customer service and support to their members who select these products," said Dr. William J. West Jr., founder of First HSA.

About First HSA

About EmblemHealth
EmblemHealth, Inc., through its companies Group Health Incorporated (GHI) and HIP Health Plan of New York (HIP) provides affordable, quality health care coverage and administrative services to approximately 3.4 million people. Groups and individuals can choose from a variety of PPO, EPO and HMO programs as well as prescription drug, dental and vision plans. Plans offer a choice of networks, including access to over 106,000 quality doctors and other health care professionals and most of the leading hospitals across the tristate region. For more information, visit

Jackie Price
First HSA

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