California Medical Association Selects UMB Healthcare Services to Provide Health Savings Accounts to Physicians.

SACRAMENTO, Calif. -- The California Medical Association (CMA) announces an agreement with UMB Healthcare Services, a division of UMB Financial Corporation (NASDAQ: UMBF), to provide Heath Savings Accounts (HSA) to CMA physician members. Marsh Affinity Group Services, a service of Seabury & Smith, Inc. will provide insurance services as part of the arrangement with both CMA and UMB.

"CMA is pleased to make available to its membership this comprehensive set of health savings account tools. They provide value and simplicity for physicians when they use the health-care system," said Jack Lewin, M.D., chief executive officer of CMA. "In addition, health savings accounts provide significant tax savings and are a key component in stimulating consumer-directed health care products."

California Medical Association is the professional organization of 35,000 physicians in California from all modes of practices and specialties.

The CMA's HSA product (http://www.cmanet.org/hsa/) provides fully automated on-line enrollment, HSA debit card and includes a state-of-the-art digital certificate for enrollees to securely access their account on-line at UMB. HSA enrollees who generate sufficient fund balances may also access an array of mutual fund and related investment opportunities. The product also permits physicians who already have the required High Deductible Health Plan (HDHP) to enroll with UMB, or if a physician needs an HDHP, Marsh assists them in identifying the most appropriate coverage based on their needs, deductible amounts and other factors.

UMB Healthcare Services, which provides health care solutions to some of the top insurance and software companies in the nation, serves as the official custodian of the CMA HSA plan. Benefits and features provided to CMA members include Visa debit card access, transaction processing, mutual fund and investment services and automated Web services and enrollment.

"UMB is pleased to work with CMA and Marsh to provide Health Savings Accounts to physicians," said Dennis Triplett, president of UMB Healthcare Services. "Our partnership with this reputable and distinguished medical group continues to strengthen our reputation as a qualified financial services partner in the healthcare industry."

"Health Savings Accounts make perfect sense for the majority of physicians in California and around the country," said Roy S. Lyons, a Senior Vice President of Marsh Affinity Group Services, a leading association insurance program broker and administrator. "Physicians often can reduce their practice expenses through the use of qualified high-deductible health plans. With online enrollment through our web site, members have easy access to an important new member benefit."

Marsh Affinity Group Services and Seabury & Smith, Inc. are part of the family of companies of Marsh Inc., the world's leading risk and insurance services firm. Marsh Inc. has nearly 30,000 employees and annual revenues exceeding $5 billion. The firm provides advice and transactional capabilities to clients in over 100 countries. Marsh Inc. is a subsidiary of Marsh & McLennan Companies (MMC), a global professional services firm with approximately 60,000 employees and annual revenues exceeding $12 billion. MMC also is the parent company of Guy Carpenter, Kroll, Putnam Investments, and Mercer. MMC's stock (ticker symbol: MMC) is listed on the New York, Chicago, Pacific, and London stock exchanges. MMC's Web site address is www.mmc.com. Marsh's Web site address is www.marsh.com.

UMB Financial Corporation (NASDAQ: UMBF) is a multi-bank holding company headquartered in Kansas City, Mo., offering complete banking and related financial services to both individual and business customers. Its banking subsidiaries own and operate 140 banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona. Subsidiaries of the holding company and the lead bank, UMB Bank, n.a., include an investment services group based in Milwaukee, Wisconsin, a trust management company in South Dakota, and single-purpose companies that deal with brokerage services, consulting services and insurance. UMB was named one of Business Week's "Web Smart 50" companies in 2005.