05/15/2007   Asuris Financial Services: Making CDH work-simply!

Consumer-directed health care (CDH) is a hot topic at the moment, and it’s likely that you have clients wanting to learn more about HSAs, HRAs and FSAs. But these products can be confusing. The health care component and the banking component are usually offered by separate vendors, resulting in confusion and implementation challenges. Asuris is looking to change all that. As the result of a groundbreaking partnership with Blue Healthcare Bank, Asuris is proud to offer some of the most seamlessly integrated CDH products on the market.

Launching in July 2007, Asuris Financial Services will be an integrated partnership between Asuris and Blue Healthcare Bank. Created to provide integrated financial services for consumer-directed health plans, Blue Healthcare Bank offers decades of banking experience and financial services expertise from its seasoned employees.

What’s the biggest value that Asuris Financial Services brings to the CDH marketplace? In a word, "integration." By bringing both health and wealth management together under one provider, we can offer a truly turn-key solution. And because Asuris directs both the health care component and the banking component, your clients can enjoy:

• A single point of service for implementation. The Asuris Sales dedicated CDH Group Services team helps employers design and implement a successful CDH program. This team works with the employer to customize plan features, from enrollment to funding, and then remains with the client after implementation to provide any ongoing support they might need. We also conduct all discrimination testing and monitor regulation changes so that plans are always fully compliant.
• Easy, flexible claims payment. Employees can receive customized debit cards or automated claims reconciliation. With automated claims reconciliation, members receive service from their health care provider, claims are automatically processed and reimbursements are automatically issued—often with no need to submit receipts!
• Flexible enrollment options. Employers choose the enrollment method that is best suited to their employees. Savings account enrollment is consolidated with health plan enrollment. Online reporting allows employers to track HSA enrollment status, which is critical when planning employer or payroll contributions.
• Innovative product-specific features. Offerings include investment options with Asuris’ HSA product, easy online bill payment, and customized debit cards. Employers can even "stack" different CDH accounts—that is, select the order of accounts from which they want claims paid and have payment is drawn from the right account automatically.
• Comprehensive ongoing support. A specialized Asuris CDH Customer Service team can help members get answers about both their health plans and financial accounts.

Asuris Financial Services will add new features as time goes on. For example, in late 2007, employers will be able to offer HSA line of credit options that help employees pay for health care expenses before their HSAs are fully funded.

If you have questions about Asuris Financial Services or want to learn more, please talk with your Asuris Sales contact.

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