HSA Expansion at the Forefront of President Bush's Health Care Reform; UMB Healthcare Services' Dennis Triplett Provides Reaction Statement.KANSAS CITY, Mo. -- In the January 2006 State of the Union Address “State of the Union” redirects here. For other uses, see State of the Union (disambiguation). The State of the Union is an annual address in which the President of the United States reports on the status of the country, normally to a joint session of Congress (the , President Bush recommended a comprehensive agenda "to make health care in America more affordable, portable, transparent, and efficient." Dennis Triplett, president of UMB (1) (Upper Memory Block) See UMA. (2) (Ultra Mobile Broadband) See 3GPP. 1. UMB - Upper Memory Block. 2. UMB - A university(?). Healthcare Services, a division of UMB Financial Corporation UMB Financial Corporation (NASDAQ: UMBF) is American financial services company based in Kansas City, Missouri with operations in seven, mostly Midwestern, states. The company owns commercial banks, a brokerage company, a community development corporation, a consulting (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : UMBF), provides the following statement in reaction to the President's proposed agenda for the expansion of Health Savings Accounts: "The President proposed an agenda focused on making health care more affordable and accessible. These changes would also open the door to beneficial health care for a vast population who currently has difficulty accessing health care. The shift to consumer directed health care has gained momentum in 2005. The reforms the President outlined last night will further accelerate that momentum and eventually help the health care situation in America" Dennis Triplett President, UMB Healthcare Services UMB Healthcare Services was the first financial partner to provide multi-purpose card technology to the health care industry, and is in the process of a developing Health Card Line of Credit product. Triplett is a charter member of The HSA HSA Health Savings Account (US) HSA Human Serum Albumin HSA Human Services Agency (Nevada) HSA Health Services Agency HSA Health and Safety Authority (Ireland) Council -- an organization formed by the American Bankers Association The American Bankers Association (ABA) is comprised of banks and other financial institutions. It seeks to promote the strength and profitability of the banking industry by Lobbying federal and state governments, building industry consensus on key issues, and providing products and and the American Bankers Insurance Association committed to increasing the distribution of health savings accounts through banks. Since the inception of Medical Savings Accounts in 1996, UMB Healthcare Services has been a leader in the health care market place. Today, UMB supports Health Savings Accounts (HSAs), Flexible Spending Accounts flexible spending account, n an employee reimbursement account primarily funded with employee-designated salary reductions. Funds are reimbursed to the employee for health care (medical and/or dental), dependent care, and/or legal expenses and are (FSAs) and Health Reimbursement Arrangements (HRAs). UMB has the experience, systems backbone, investment options and client base bringing an integrated solution to the health care industry including Humana, Assurant, Motivano, MHM MHM Machinery Health Management MHM Metal Heads Mission (music festival) MHM Members Helping Members MHM Mill Hill Missionaries (religious order) MHM Multiplexed Hierarchical Modeling Resources, among others. UMB Financial Corporation 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. |
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