Utah HSA custodian to buy Further for $500 million
Posted On: Apr. 12, 2021 10:18 AM CST
HealthEquity. Inc. will be acquiring Further – a health savings account business operated by Blue Cross and Blue Shield of Minnesota parent Stella Health Insurance Agency, Inc., for $500 million, Becker’s Hospital Review reported. The deal, which is expected to close by September, will boost the Draper, Utah-based health savings account custodian’s HSA membership by 550,000, taking the company’s total membership to 6.3 million.