Waltham, MA — September 16, 2019 — Alegeus, the market leader in consumer-directed healthcare (CDH) solutions, today announced that the company will join the industry in support of National HSA Awareness Day, October 15, to educate consumers on the value of health savings accounts (HSAs). This day will be dedicated to bringing the public and the healthcare benefits industry together to discuss the power of HSAs and their ability to empower consumers to take control of their healthcare spending and saving.
When a consumer-directed health plan is paired with a tax-advantaged HSA, they offer huge savings to employers and their employees. Yet, they are routinely underutilized and underfunded, translating into billions of dollars in lost tax savings each year.
“We are excited to rally alongside industry peers to advance consumerism in healthcare,” said Steven Auerbach, Alegeus CEO. “With open enrollment right around the corner, there is no better time for consumers to become more aware of the value that health savings accounts can deliver.”
To further its mission and dedication to empowering consumers across the country to better health and wealth, Alegeus will launch a month-long consumer-education campaign across social media with total proceeds up to $7,500 being donated to the United Way. United Way Worldwide works to advance the common good by focusing on education, income and health and mobilizing millions to act to give, advocate and volunteer to improve the conditions in which we live.
To join the conversation on Twitter, follow @Alegeus and use hashtag #HSAsHelp from October 1 through October 31. Alegeus will donate $1.00 for every mention in the month of October.
About Alegeus Contact: Jennifer Irwin
Alegeus is the market leader in consumer-directed healthcare solutions, offering an industry-leading benefits platform, benefit debit card and mobile app that are transforming the way people navigate the U.S. healthcare system. Our next-generation technology simplifies the administration of healthcare benefit accounts (including FSAs, HSAs, HRAs, wellness incentive, dependent care and commuter accounts), and uses data-driven insights to guide consumers to the best coverage, cash and care strategies. More than 350 Alegeus clients – including health insurance plans and third-party administrators – leverage our deep expertise and proven technology to administer benefit accounts for more than 30 million members and to process more than $9.1 billion in consumer healthcare payments annually. As the healthcare and benefit markets continue to evolve, Alegeus delivers solutions that enable clients to evolve their service offerings, operate their businesses more efficiently, and lead consumers to better health and financial decisions. The company is headquartered in Waltham, MA with operations in Orlando, FL and Milwaukee, WI.