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We don’t just administer benefits—we change people’s lives.

Stephen D. Neeleman, MD

Founder | Vice Chair

Our company

Since our founding in 2002, HealthEquity has remained laser-focused on a singular mission: Empower working Americans to gain more choice and control over their healthcare and financial future.

By 2030, we plan to make HSAs more common than 401(k)s.

Who we serve

Million+

Members

Easy-to-use benefits give members the tools and resources they need to spend smarter, save more and invest in their healthcare.

,000+

Organizations

Our Total Solution delivers a powerful lineup of integrated benefits, helping employers offer a better experience at much lower cost.

,000+

Registered benefits advisors

Customized solutions and original thought leadership let benefits advisors strengthen relationships while offering a unique benefits package.

+

Network Partners

Powerful integrations with health plans, retirement providers, and TPAs simplify claims processing and enable clients to offer a more rewarding member experience.

The journey toward remarkable

Ongoing enhancements to the client and member experience continue to simplify benefits for millions.

See the latest
  1. 1996

    Founder Steve Neeleman sets out to connect health and wealth for Americans struggling to manage healthcare costs. HIPAA passes, paving the way for widespread medical savings accounts.

  2. 2002

    Steve assembles a start-up team in Draper, UT.

  3. 2003

    HealthEquity onboards its first client and first health plan partner. President George W. Bush signs the Medicare Modernization Act (MMA), creating the Health Savings Account.

  4. 2004

    The first HealthEquity HSA solution hits the market with our health plan partner.

  5. 2006

    Treasury grants HealthEquity a Non-Bank Trustee license, enabling us to take custody of HSA assets.

  6. 2009

    CEO Jon Kessler takes the helm.

  7. 2010

    HealthEquity completes its first acquisition—a company called First HSA™.

  8. 2011

    Two more acquisitions help HealthEquity finish the year with $415M in HSA assets.

  9. 2012

    HealthEquity celebrates its 10-year anniversary by reaching $1 billion in managed HSA assets.

  10. 2013

    15 new health plan partners join the HealthEquity ecosystem. Managed HSA assets grow to $1.6 billion.

  11. 2014

    HealthEquity IPO. Trading begins on the NASDAQ.

  12. 2015

    Utah Business recognizes HealthEquity as one of Utah’s fastest growing companies and best workplaces. HealthEquity joins the NASDAQ Financial 100 Index and S&P SmallCap 600 Index.

  13. 2016

    New headquarters open in Draper, UT to accommodate our rapidly expanding team.

  14. 2017

    HealthEquity introduces 401(k) integrations to its product lineup.

  15. 2019

    HealthEquity acquires WageWorks in a bid to bring a Total Solution of integrated benefits to more employers in more markets.

  16. 2020

    The Health Savings Score™ officially launches, delivering a first-of-its-kind analytics tool to help organizations maximize HSA utilization. Member Services call center moves fully to the United States.

  1. 1996
  2. 1996: Founder Steve Neeleman sets out to connect health and wealth for Americans struggling to manage healthcare costs. HIPAA passes, paving the way for widespread medical savings accounts.
  3. 2002
  4. 2002: Steve assembles a start-up team in Draper, UT.
  5. 2003
  6. 2003: HealthEquity onboards its first client and first health plan partner. President George W. Bush signs the Medicare Modernization Act (MMA), creating the Health Savings Account.
  7. 2004
  8. 2004: The first HealthEquity HSA solution hits the market with our health plan partner.
  9. 2006
  10. 2006: Treasury grants HealthEquity a Non-Bank Trustee license, enabling us to take custody of HSA assets.
  11. 2009
  12. 2009: CEO Jon Kessler takes the helm.
  13. 2010
  14. 2010: HealthEquity completes its first acquisition—a company called First HSA™.
  15. 2011
  16. 2011: Two more acquisitions help HealthEquity finish the year with $415M in HSA assets.
  17. 2012
  18. 2012: HealthEquity celebrates its 10-year anniversary by reaching $1 billion in managed HSA assets.
  19. 2013
  20. 2013: 15 new health plan partners join the HealthEquity ecosystem. Managed HSA assets grow to $1.6 billion.
  21. 2014
  22. 2014: HealthEquity IPO. Trading begins on the NASDAQ.
  23. 2015
  24. 2015: Utah Business recognizes HealthEquity as one of Utah’s fastest growing companies and best workplaces. HealthEquity joins the NASDAQ Financial 100 Index and S&P SmallCap 600 Index.
  25. 2016
  26. 2016: New headquarters open in Draper, UT to accommodate our rapidly expanding team.
  27. 2017
  28. 2017: HealthEquity introduces 401(k) integrations to its product lineup.
  29. 2019
  30. 2019: HealthEquity acquires WageWorks in a bid to bring a Total Solution of integrated benefits to more employers in more markets.
  31. 2020
  32. 2020: The Health Savings Score™ officially launches, delivering a first-of-its-kind analytics tool to help organizations maximize HSA utilization. Member Services call center moves fully to the United States.

The colossus of consumer directed benefits

Connecting health and wealth

As the retirement savings gap is widening and healthcare costs keep climbing, we recognize that connected problems require connected solutions. That's why our mission is to connect health and wealth. By bringing together intuitive technology and remarkable service, we enable millions to achieve wellness today and financial wellbeing tomorrow.

HSA is in our DNA

HealthEquity is HSA first and always. We’re a non-bank HSA custodian. That means we have the independence to focus exclusively on delivering the best possible HSA experience.

5.5 million+

HSA members

$11 billion+

Assets under custody

24/7

Onshore member services

Learn how an HSA can work for you

One partner. Total solution.

In 2019 HealthEquity acquired WageWorks to bring the best possible benefits experience to more employers in more markets. The acquisition further strengthens our dominant market position and enables us to deliver a legendary lineup of integrated benefits solutions.

See our solutions for Employers
Read more on our merger

Connecting health and wealth

As the retirement savings gap is widening and healthcare costs keep climbing, we recognize that connected problems require connected solutions. That's why our mission is to connect health and wealth. By bringing together intuitive technology and remarkable service, we enable millions to achieve wellness today and financial wellbeing tomorrow.

HSA is in our DNA

HealthEquity is HSA first and always. We’re a non-bank HSA custodian. That means we have the independence to focus exclusively on delivering the best possible HSA experience.

5.5 million+

HSA members

$11 billion+

Assets under custody

24/7

Onshore member services

Learn how an HSA can work for you

One partner. Total solution.

In 2019 HealthEquity acquired WageWorks to bring the best possible benefits experience to more employers in more markets. The acquisition further strengthens our dominant market position and enables us to deliver a legendary lineup of integrated benefits solutions.

See our solutions for Employers
Read more on our merger

Purple passion

Purple isn't just our brand color. It's a way of life. It's the remarkable service we're known for. It's the magic we scale to millions of members nationwide. Combining our values, culture, and passion, it drives everything we do.

Work with us and you'll discover a remarkable experience brought to you by remarkable people.

Purple passion

Purple isn't just our brand color. It's a way of life. It's the remarkable service we're known for. It's the magic we scale to millions of members nationwide. Combining our values, culture, and passion, it drives everything we do.

Work with us and you'll discover a remarkable experience brought to you by remarkable people.

Purple with purpose

Our differences strengthen our purpose, empowering us to make a concrete impact on the communities and people we serve. In 2015, we launched Purple with Purpose to support organizations that align with our mission to connect health and wealth.

  • Disaster relief
  • Medical research
  • Community wellness
  • Advocacy for consumer-driven healthcare
  • Financial literacy

Purple with purpose

Our differences strengthen our purpose, empowering us to make a concrete impact on the communities and people we serve. In 2015, we launched Purple with Purpose to support organizations that align with our mission to connect health and wealth.

  • Disaster relief
  • Medical research
  • Community wellness
  • Advocacy for consumer-driven healthcare
  • Financial literacy

Be part of something remarkable

Leadership

  • President / CEO

  • Founder / Vice Chair

  • EVP / CFO

  • EVP / GC and Secretary

  • EVP of Operations

  • EVP / CTO

  • EVP / CSO

  • EVP / CPO

  • EVP / CMO

  • SVP of Corp Development

  • EVP Sales and Relationship Management

  • SVP Head of Product

Jon Kessler

President / CEO

"Once you really understand how an HSA plan works, you will never go back to conventional health insurance."

Jon Kessler has served as our President and Chief Executive Officer since 2014 and as a director since 2009. He also served as our Executive Chairman from 2009 to 2014. During Jon’s tenure, revenue has grown from a few million to over $750M annually, HSA assets have grown from under $100M to nearly $20B, and HealthEquity has become the nation’s largest independent custodian of HSAs.

Prior to joining HealthEquity, Jon founded WageWorks, Inc., (“WageWorks”) a provider of tax-advantaged Consumer Directed Benefit (CDB) account administration. During his tenure as Chairman and CEO from 2000 through 2007, WageWorks was named to the Inc. 500 list of US private growth companies for three consecutive years. HealthEquity acquired WageWorks in 2019.

Jon was also previously a senior economist in Washington, DC, specializing in employee benefits and environmental taxation during the Clinton and Bush (Sr.) administrations, and a benefits taxation specialist at Arthur Andersen, LLP.

"Once you really understand how an HSA plan works, you will never go back to conventional health insurance. I am proud to say that nobody supports families making the jump to HSAs like HealthEquity. Whether it’s reviewing hospital bills for errors, using claims-level analysis to find specific ways to spend less, or creating a plan to build health savings for the long term, our specialists walk you through it, anytime, twenty-four hours a day, seven days a week."

Jon holds a master’s degree in Public Policy from Harvard’s John F. Kennedy School of Government and a bachelor’s degree from George Washington University in Washington, DC. He holds a US patent for inventions covering methods for electronically adjudicating pre-tax healthcare and other expense transactions.

Jon currently serves as Trustee and Executive Committee Member of the Employee Benefit Research Institute, a Washington, DC-based think tank created by Congress to conduct non-partisan economic research and analysis on our nation’s unique voluntary employee benefits system. Formerly, Jon was a member of the Board of Directors for the Geneva-based International Baccalaureate Organization, which provides a curriculum based on values of global citizenship used in over 6,000 schools on six continents. Jon is also past Board President of the German American International School in Menlo Park, California.

Stephen D. Neeleman, MD

Founder / Vice Chair

"HSAs are key to our mission and they are quickly changing the way the people purchase, consume, and provide health care."

Dr. Stephen Neeleman is the founder and vice chairman of HealthEquity. Steve founded HealthEquity in 2002, with the vision to repair the fractured relationship between patients and their physicians and to help more people obtain quality health insurance by re-introducing consumerism to health care. Steve is the co-author of The Complete HSA Guidebook—How to Make Health Savings Accounts Work for You.

In addition to his duties as founder and vice chairman of HealthEquity, Steve was also a practicing general and trauma surgeon for Intermountain Healthcare at American Fork Hospital and Utah Valley Regional Medical Center until 2015. As a board-certified physician, Steve brings his passion and firsthand knowledge from the practice of medicine to his leadership role at HealthEquity.

Steve was appointed by Utah's Governor, Gary Herbert, to serve as a board member of HIP Utah, Utah's high-risk insurance pool. He also serves on the Council for Affordable Health Insurance HSA Working Group, and on America's Health Insurance Plans' HSA Leadership Council.

Prior to his medical training, Steve worked as the general airport manager for Morris Air (later acquired by Southwest Airlines), based in Salt Lake City, Utah. Steve helped combine efficiency, technology, and excellent customer service to succeed in a rocky industry. This innovative business model allowed Morris Air to rise above financially struggling competitors. Steve's goal is to use this model to help save another struggling industry—health care.

Steve completed his undergraduate degree and played football at Utah State University. He attended medical school at the University of Utah and completed his surgical training at the University of Arizona. Steve also served as an assistant professor of surgery at the University of Arizona.

"HealthEquity's mission is to save health care by helping people better save and spend their health care dollars. HSAs are key to our mission and they are quickly changing the way the people purchase, consume, and provide health care. HealthEquity's remarkable team members help individuals, families, and businesses understand and reap the triple-tax advantaged benefits that come with HSAs. I love being part of this team!"

James Lucania

EVP / CFO

As the Executive Vice President and Chief Financial Officer of HealthEquity, James Lucania plays a pivotal role in guiding the financial strategy of our organization. With a career spanning over two decades in finance leadership and a proven track record of value creation as a technology and growth-oriented CFO, Jim brings a wealth of experience and expertise to our team.

James most recently served as the CFO at Ascensus. Prior to this role, James served as CFO of Checkpoint Systems. With James’ financial stewardship, HealthEquity looks forward to continued growth as the industry leader in benefits administration. 

James has a BS in Economics from the Wharton School and a BA in Music from the School of Arts and Sciences, both at the University of Pennsylvania, and an MBA from the UCLA Anderson School of Management. 

Del Ladd

EVP/GC and Secretary

Del Ladd serves as the executive vice president, general counsel and secretary of HealthEquity, Inc. and leads our Legal Department. He has substantial experience in corporate governance, securities and mergers and acquisitions. Prior to joining HealthEquity in 2016, Del worked in New York for Willkie Farr & Gallagher LLP. He is a graduate of the University of Colorado and St. John's School of Law, where he graduated cum laude.

Angelique Hill

EVP of Operations

Angelique Hill serves as executive vice president of operations at HealthEquity. She leads all service delivery functions and back-office operations, ultimately driving the company's commitment and passion to provide world-class experiences to our members, partners, and employers.

Prior to joining HealthEquity, Angelique was the Director of Operations at Optum Bank. She also led the operations team at MinervaHealth, where she began her career in consumer driven healthcare.

Angelique holds an undergraduate degree in Communications from Ohio University.

Eli Rosner

EVP / CTO

With more than 25 years of business and technology leadership experience, Eli leads the Technology organization with a focus on security, unification, and simplification to create a better customer experience for more than 14 million members. Eli is responsible for all aspects of the HealthEquity technology strategy and driving innovation. Eli’s teams are dedicated to delivering modern and mature technology solutions to scale and digitally transform our business through AI, cloud, open APIs and open development platforms.

Prior to joining HealthEquity in 2022, Eli was Chief Product and Technology Officer at Finistra, one of the largest global providers of software to the financial services industry. There he was responsible for Product strategy, product management, platform strategy and architecture, to solutions development and data center operations. Immediately prior to Finistra, Eli served as CTO and Head of Product Management, driving the transformation from a hardware and services company to a global leader in platform, data and solutions for financial services, retail, and hospitality.

Eli received a B.A. and B.S. from Technion – Israel Institute of Technology.

Selim Aissi

EVP / CSO

Selim Aissi leads HealthEquity's Security and Information Technology organizations in our efforts to increase resiliency, innovation, and streamline processes. With more than 25 years of outstanding leadership in the technology and financial sectors, Selim and his teams are helping to create safer, simpler experiences for clients, partners, and members.

Prior to joining HealthEquity, Selim held previous roles as CISO and Head of Employee Technology at Blackhawk Network, and senior technology positions at ICE Mortgage Technology (Ellie Mae), Visa, and Intel. Selim played pivotal roles in shaping technological landscapes in each of these organizations.

In 2023, Selim was honored with the prestigious ORBIE CISO of the Year Award, a testament to his exceptional achievements and influence in the industry. Selim is a distinguished alum of the University of Michigan, Ann Arbor, where he earned his B.S., M.S., and Ph.D. degrees. His commitment to advancing security solutions is also evident in his impressive portfolio of over 100 US and global security-related patents.

Tia Padia

EVP/CMO

Tia leads the Marketing and Communication department in our efforts to increase public awareness, adoption, and utilization of consumer driven benefits. She’s passionate about helping individuals achieve greater financial freedom by regaining control of their health and wealth. Tia’s team is responsible for new account growth, retention, and member engagement.

Tia has 20+ years of diverse financial services experience—most recently serving as the Head of Workplace Marketing at Edelman Financial Engines. Along with a proven track record of business growth, Tia has extensive experience partnering with employers to create compelling employee education and engagement programs.

Tia has a BBA in Accounting and Finance from Midwestern State University and an MBA from Texas Woman’s University.

Brad Bennion

SVP of Corp Development

Brad Bennion serves as the senior vice president of corporate development. He leads HealthEquity's strategic planning process by improving core organization capabilities as well as identifying new markets and channels.

Brad has been instrumental in the development of the HealthEquity proprietary account administration platform and has directly implemented many of the company's largest partners and clients. Drawing upon his years of experience in both implementation and account management, Brad is leading the company's corporate development, strategy and decision support functions. He is passionate about using data analytics to help the company make incrementally better decisions every day.

Prior to joining HealthEquity 12 years ago, Brad worked for Ingenix as a senior business analyst. He holds an MBA and a Bachelor of Science in finance from Brigham Young University.

Steve Lindsay

EVP Sales and Relationship Management

Steve leads the Sales and Relationship Management team to connect health and wealth in ways that create measurable value to our clients and partners. Together with the Sales and Relationship Management team, Steve cultivates new business, strengthens existing relationships, and ensures our clients and partners get a purple service experience.

As the first non-founding executive hired at HealthEquity, Steve has been with the company since 2006. Steve has led the people function, member services, operations, channel sales and now sales and relationship management. His deep experience continues to pay dividends for the organization. During Steve’s tenure with the company, HealthEquity’s network partnerships grew from 10 to 175+, an expansion that includes health plans, record keepers, benefits administrators, brokers and consultants. Steve also contributed to the WageWorks integration success by championing our cross-sell Total Solution strategy.

Prior to joining HealthEquity, Steve led people functions within FranklinCovey and UnitedHealth Group for 14 years. Steve volunteers at organizations like Dahlia's Hope and The Road Home that give hope and strengthens individuals and families to become self-reliant despite significant obstacles.

Kamesh Tumsi

SVP of Product

Kamesh Tumsi is the Senior Vice President and Head of Product at HealthEquity, leading our efforts to create products that connect health and wealth for our members and make benefit administration easy for our clients, partners and brokers. Kamesh is passionate about creating innovations and useful consumer experiences that lie at the intersection of consumer tech, fintech and healthcare.

Prior to joining HealthEquity, Kamesh served in various leadership roles at Marqeta, Fiserv, Turner, Microsoft and a few other organizations. Kamesh has a background in engineering and has a diverse experience leading product management, strategy and user experience for several consumer tech and fintech products. Kamesh has 11 patents across different technology and product areas. Kamesh received his master’s degree in computer science from the University of Minnesota and an MBA from UC Berkeley.

Outside of work, Kamesh enjoys watching cricket and spending time outdoors—biking, hiking, and running. Having traveled to over 20 countries, he loves exploring more of the world with his wife and two daughters.

Cheryl King

EVP/CPO

Cheryl King is the Executive Vice President and Chief People Officer who leads our People Team strategy and teammate experience. As the top people person, Cheryl oversees our employer brand, while creating an environment that nurtures remarkable team member experiences to fuel personal, professional and company growth.

Cheryl has more than 20 years of people team experience in delivering innovative people strategy, managing teams in high-performance cultures, and developing the best and brightest talent. Cheryl most recently served as Chief People Officer at Paylocity. Prior to this role, Cheryl served as CHRO at Echo Global Logistics. Cheryl helped these organizations strengthen their talent and career development while achieving employer brand honors in areas that included top workplace, diversity and inclusion and culture.

Cheryl has a BA in Psychology from the University of Toledo.

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