I have my HSA held with Payflex, the company that my employer sets it up with, and through dealing with them the last few months I have concerns just in general about their ability to continue as a business that holds onto thousands of my dollars.
It has led me to wonder what would happen in the event an HSA administrator like Payflex, Optum bank, etc. were to go under?
Does anyone have more intimate knowledge of how those dealings might occur? Would any amounts held with them be easily retrievable by the account holders?
This is probably a similar to concern to 'what if Vanguard gets nuked?' as JL Collins writes about.