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Treasury services presenters outline HSA and FSA administration, distribute materials
Summary
Rod Davey, Oklahoma Director of Treasury Services, and Kurt Lee presented to the county committee on savings and administration options for HSAs and FSAs. Materials and business cards were distributed; presenters highlighted account access, receipt upload features, and potential cost efficiencies.
At the April 3 meeting Rod Davey, identified as Oklahoma Director of Treasury Services, and Kurt Lee made a presentation on the administration of health savings accounts (HSAs) and flexible spending accounts (FSAs) and the savings the bank can deliver through its platform. Committee members were given materials and business cards during the presentation.
The presenters described administrative features intended to reduce costs and improve employee access, including immediate access to funds, an online/app portal for uploading receipts and tracking eligible expenses, and negotiating discounts for services through the network. No formal decision was requested during the meeting; materials were left for committee review.
