By providing HSA On Demand, employers give their associates even greater protection or safety net, enhanced consumer power and control over their healthcare decisions.
Hunt Valley, MD (PRWEB) March 05, 2014
ConnectYourCare’s Senior Vice President for Sales, Allen Pease, will be a featured panelist at the Towers Watson's 14th Annual Employee Health Care Conference, taking place March 11-12 in New York City discussing The Future of Health Savings: Full Replacement, HSA Plan Strategies.
This year’s conference, entitled, “The New Imperative: Driving Performance, Connecting to Value,” focuses on top of mind healthcare issues including how companies can maintain high-value programs in today’s healthcare climate, exchange-based delivery options, merging value-driven care systems and new technologies that expand opportunities for employer health plans.
Pease will discuss how health savings accounts (HSA) and a full replacement strategy can empower employees in the new consumer-driven world. He will also explore ways that innovative employers have enhanced their benefit designs with unique HSA features like ConnectYourCare’s HSA On Demand®, an advanced solution that instantly moves future contributions into an employee’s HSA when a claim exceeds the account balance, seamlessly paying the claim with no additional action required or fees charged to the employee. Similar to overdraft protection on a checking account, HSA On Demand ensures employees are covered when funds are needed most – at the time a qualified medical expense is incurred.
“By providing HSA On Demand, employers give their associates even greater protection or safety net, enhanced consumer power and control over their healthcare decisions,” said Pease.
ConnectYourCare's consumer-directed healthcare platform provides a fast path to account-based health plans, enabling firms to lower health benefit costs while empowering consumers with the tools they need to better manage health savings. The solution of choice for large employers, health plans and banks, ConnectYourCare offers a fresh approach to health savings by combining a simplified experience, seamless access and a unique coaching model to accelerate savings and consumer engagement. By removing complexity and motivating individuals to take control of health savings, ConnectYourCare maximizes return on investment for all participants in the healthcare benefits value chain and enables everyone to simplify, save and grow.