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Glossary

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Glossary - G

Generic Drugs

Drugs that have the same active ingredient and have a similar composition as “brand” name drugs but are normally sold at a lower price.

Group

An employer or an entity purchasing and providing healthcare benefits to its employees or other individuals.

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UMB HSA Saver

UMB HSA Saver is a unique investment platform designed with ease in mind. Account holders can easily research, buy and sell funds with a couple clicks.

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How to Use ReceiptVault

Easily track and manage your healthcare receipts using ReceiptVault.

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HSA FAQ Resource

Find answers to your most common HSA questions in our comprehensive HSA FAQs section

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Quicklinks

“UMB” – Reg. US. Pat. & Tm. Off.

Funds in an HSA Deposit Account are held at UMB Bank, n.a., Member FDIC. FSAs and HRAs are NOT deposits or obligations of UMB Bank, N.A. and are NOT insured by the FDIC. High-Deductible Health Plans constitute insurance products, which are not offered by UMB Bank, n.a. and are not FDIC-insured.

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Glossary

Generic Drugs

Group

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UMB HSA Saver

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How to Use ReceiptVault

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HSA FAQ Resource

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Quicklinks

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