SelectAccount’s New WalletDoc Lets People Take Control of Their Health Care Spending Like Never Before

Share Article

By putting decision tools where people are checking their medical spending account balances, SelectAccount brings a new level of consumerism to account administration.

News Image
SelectAccount has taken an industry-leading step in supporting account holders at a key consumer decision moment in health care.

SelectAccount takes a huge leap forward beyond helping people save money to pay for health care expenses with their new WalletDoc suite of consumer tools designed to stretch dollars further. Not only can people compare costs and find discounts, they can now evaluate treatment options through a strategic relationship with WiserTogether, Inc., a treatment transparency company offering Wiser Health. The seamless user experience gives people access to a market-leading health solutions platform that provides users with comprehensive treatment information, allowing them to assess treatment options based on clinical outcome data, personal and popular preference, cost and coverage. Motivated health consumers receive higher quality of care and adhere better to treatments while enjoying lower costs, better health outcomes and higher satisfaction.

“Employers are moving towards Consumer-Directed Health Plans (CDHPs) for their employee populations with little or no access to cost-effective consumerism tools to complement the CDHP health benefit,” said David Cantu, SelectAccount Vice President of Marketing, Sales and Public Relations. “With this shift to CDHPs, people are looking to shop for health care like they do for other purchases by making decisions based on the cost of care, best treatment options and peer support. To address the need for comprehensive information in a convenient location, WalletDoc­­ has incorporated a robust platform of consumerism tools into our Online Member Service Center where people are already checking their balances and paying claims when faced with health care expenses.”

“By offering Wiser Health, SelectAccount has taken an industry-leading step in supporting account holders at a key consumer decision moment in health care,” said Dr. Shub Debgupta, CEO of WiserTogether. “Wiser Health helps people in high deductible health plans to better understand their treatment options and their associated costs. This is the first and crucial step in the journey towards consumerism and will help SelectAccount’s account holders better manage their health while maximizing their savings and account holdings.”

WalletDoc is a one-of-a-kind resource for treatment decision support, cost comparisons, savings opportunities through online care, medical discounts and medical bill negotiation, financial and peer support, and health management tools. These valuable benefits empower individuals to take control regardless of where they are along the continuum of care – considering treatment options, selecting a care facility, seeking savings or needing financial help for an expense already incurred. SelectAccount and Wiser Health are innovators in how to support and guide sound decision making in this era of high deductible health plans.

WalletDoc is now available to individuals and employer groups directly from their account portals. To find out how to increase yours or your employee’s health care buying power, contact us at 1-855-363-2583.

About SelectAccount
SelectAccount has been driving innovation in medical savings administration for over 25 years. They offer a full suite of tax-advantaged solutions - HSA, HRA, FSA, VEBA, transportation and dependent care accounts to meet client’s changing needs as they plan for their health care expenditures. They are one of the leading medical savings administrators in the country managing more than half a billion dollars in consumer medical account savings assets integrated with numerous partner data exchange connections, serving 7,000 employers with account holders in all 50 states. MII Life, Inc., d.b.a. SelectAccount has been approved by the U.S. Department of Treasury as a non-bank HSA Trustee. SelectAccount is headquartered in Eagan, Minnesota with an office located in Chicago, Illinois. Visit to learn more.

About WiserTogether, Inc.
WiserTogether’s personalized health care treatment comparison software enables consumers to choose the right treatment – most effective in outcome, most personally suitable, and most cost-effective and affordable. The result is improved health and improved costs for consumers their employers, payers and providers. The company serves over 3 million people through their employers and health plans.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Victoria Hartwigsen
Follow us on
Visit website