I was using Shawnee HSA for my HSA account and they used Canopy Financial as a service provider. Apparently, individuals in the Company stole money from clients accounts and now I am out 18K. It seems like the two largest creditors are Coventry Health that had deposits of more than 17 million and ...
I dealt with Wellfund online. I rec'd the name from the IRS. GOV website for APPROVED HSA providers. How can they be an approved HSA provider and not be insured under the federal FDIC? Our HSA accounts should be insured by FDIC and not swallowed up by a bankrupcy from Canopy Financial. HELP! This ...
My Wellfund HSA account administered by Canopy Financial totals $10,888, now frozen and the Company Filed Chapter 11. No doubt, I've been ripped off Bernie Madoff style. I would think the present administration, so concerned about health care, would correct an action like this as a basic step to ...
I have a lot more of this at my blog: Houses in Malibu. Arabian horses. Jeremy Blackburn not only defrauded private equity firms, he got into depositor accounts. The HSA company I originally had was MedKash, which then became Wellfund, which apparently got bought by Canopy Financial. All in the ...
Today I learned that my $17,000. Health Savings Account is no longer available to cover my medical bills. Six years ago, I thoroughly researched HSA's and found that by moving my HSA funds to Shawnee Bank in Kansas I could make 4.25% on my account. The research showed this to be a FDIC insured and ...
Canopy Financial made the news a couple of weeks back when it declared bankruptcy in the latest corporate scandal, taking many millions of investor's money down. What is less known is what it did to its customers. I had a Health Savings Account (HSA), the type that one can use with a ...