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Michael O. Leavitt, former HHS Secretary Joins HealthEquity Board
Date:4/19/2010

HealthEquity, Inc., the nation’s first and largest health savings trustee, announced today that Michael O. Leavitt, former Secretary of Health and Human Services (HHS) under President George W. Bush and three-term governor of the state of Utah, has joined its Board of Directors. Leavitt is currently the Chairman of Leavitt Partners, a private firm that advises people who invest in health care and food safety.

Draper, UT (Vocus) April 19, 2010 -- HealthEquity, Inc., the nation’s first and largest health savings trustee, announced today that Michael O. Leavitt, former Secretary of Health and Human Services (HHS) under President George W. Bush and three-term governor of the state of Utah, has joined its Board of Directors. Leavitt is currently the Chairman of Leavitt Partners, a private firm that advises people who invest in health care and food safety.

With the appointment of Leavitt, HealthEquity gains one of the founding fathers of consumer-directed healthcare. Under Leavitt’s leadership, the federal government launched Health Savings Accounts (HSAs) to help individuals, families and businesses build healthcare savings and security while cutting insurance premiums. Leavitt implemented the Medicare Part D Prescription Drug Program, enabling 43 million seniors to purchase affordable prescription benefits from private insurers in a forerunner to today’s health insurance exchanges. HHS is responsible for $750 billion in federal spending, one-quarter of the federal budget, including Medicare and Medicaid.

Prior to leading HHS, Leavitt served three terms as Governor of Utah (1993-2003) and led the US Environmental Protection Agency (2
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