Waltham, MA — June 17, 2020 — Alegeus, the market leader in consumer-directed healthcare (CDH) solutions, today shared client feedback on its innovative, market-first Smart Account Mobile App. The offering, which was first unveiled at the company’s 2019 Client Conference, leverages artificial intelligence (AI) and machine learning technology to deliver personalized healthcare spending and savings guidance for consumers.
Unlike other benefit account solutions currently available on the market, Smart Account is a holistic health/wealth experience that empowers savvier healthcare decision making by guiding consumers to save more and live a healthier life. For benefit account administrators competing in an increasingly crowded marketplace, Smart Account allows them to deliver expanded value and better outcomes for customers and participants.“Consumers now expect personalized and convenient digital experiences in every aspect of their lives, and that includes healthcare,” said Steven Auerbach, Alegeus CEO. “But it will take more than just another account to help consumers navigate healthcare decision making. The Alegeus Smart Account is transforming how consumers manage their healthcare – from selecting healthcare coverage, to finding the right care, to getting the most value for their healthcare dollars.”
The Smart Account experience, which combines health and wealth resources into a single, intuitive experience, meets consumers where they are with personalized, data-driven guidance that takes the guesswork out of healthcare spending and savings decisions. High-level capabilities include:
Alegeus clients have already seen impressive results from use of the app. Nearly two-thirds of users reengaged with the app within the first month of use, demonstrating the power of convenient, digital-driven technology to drive engagement with healthcare spending and saving. Below are a few comments from clients that are already using the app:
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.