More Ways to Grow HSA Savings in 2026

Coming in May 2026, Premera is expanding Health Savings Account (HSA) investment choices. Two additional options will be offered by Optum Financial:

Betterment (digitally managed ETFs) and Charles Schwab HSBA (self-directed brokerage).

These enhancements come at no cost to employers and provide members with greater flexibility and personalized investment paths.

What investment options are available? 

• New! Betterment: Automated, goal-based portfolios using ETFs; ideal for novice or hands-off investors. Includes auto-rebalancing and personalized plans.
• New! Charles Schwab HSBA: Self-directed brokerage with access to thousands of stocks, bonds, mutual funds, and ETFs; ideal for experienced investors wanting control.
• Traditional Mutual Funds: The existing Devenir-managed fund lineup remains available.

Fees (Member-Elected Only): 

Betterment – 0.50% annually, accrued daily and charged monthly.

Schwab HSBA – No monthly maintenance fee; most online trades are free; broker-assisted trades may have transaction fees.

Traditional mutual funds – No monthly or annual fees.

Enrollment & Access: 

Members will have access to these new options within the Investments section of their portal or mobile app.

Contact your Premera producer or account representative for more information.

This material is not intended to be tax or legal advice. The reader should consult with their own tax advisor to determine the tax implications of purchasing the products discussed herein. Advice, if any, included in this material was not intended or written by Premera to be used, and it cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. 

Optum Financial is an independent company that provides consumer directed healthcare account solutions on behalf of Premera Blue Cross. Premera Blue Cross is an independent licensee of the Blue Cross Blue Shield Association. Premera Blue Cross is not an administrator, trustee, or fiduciary of any health savings account which may be used by a plan member in conjunction with a health plan.