Alegeus Technologies, the market leader in healthcare and benefit payments, today announced that mid-year plan enrollment results reveal double-digit FSA enrollment and contribution growth by employers that have embraced the new FSA rollover allowance. Alegeus clients who have actively promoted the FSA rollover allowance to their employer groups and eligible employees are seeing 11% incremental growth in FSA enrollment and 9% growth in FSA elections – compared to flat overall FSA market growth.
Alegeus Technologies, the market leader in healthcare and benefit payments, continues to strengthen its position as the industry’s most widely-used consumer benefit account and payments platform, now powering for more than
30 million consumers and
225,000 employer groups. In 2013, the Alegeus technology provided benefit account administration and card processing for more than
40% of the benefit accounts in the CDH market – and processed more than
$9.1 billion in consumer healthcare transactions. With the unique perspective of managing this volume of activity, Alegeus has published a new infographic unveiling industry benchmarks for account growth and cost savings.
Alegeus Technologies, the market leader in healthcare and benefit payments, announced the recipients of its first annual APEX (Alegeus Performance EXcellence) awards, recognizing clients in four major categories for remarkable business performance and success. Awarded for impressive growth, innovation and market leadership, APEX winners have outpaced competition and achieved exceptional business results by leveraging the Alegeus consumer directed healthcare platform.
Alegeus Technologies, the market leader in healthcare and benefit payments, today announced that Steven G. Auerbach has joined the company as Chief Executive Officer and a member of its Board of Directors, effective April 10, 2014. Mr. Auerbach brings over 25 years of experience in healthcare benefits, including roles as President of Connextions and senior leadership positions with UnitedHealth Group, ChannelPoint and Cigna.
Alegeus Technologies, the market leader in healthcare and benefit payments, today announced that its client, E Benefits Administration, has achieved record growth in its first year of operations by leveraging the Alegeus benefit account administration platform as the backbone of its benefits offering – including flexible-spending accounts (FSAs), health savings accounts (HSAs) and health reimbursement arrangements (HRAs). After having direct experience working with many of the other popular benefit administration platforms available in the market, E Benefits Administration selected and implemented the Alegeus platform a year ago because they felt it provided the most powerful and user-friendly engine to manage tax-advantaged accounts and employer groups.
Alegeus Technologies, the market leader in healthcare and benefit payments, today announced the speakers and presentation topics for the 2014 Alegeus Technologies Client Conference, taking place at the J.W. Marriott New Orleans, Louisiana, April 29 – May 1. This year’s conference will feature keynote presentations and industry-focused sessions from noted subject matter experts offering insights into the future of healthcare consumerism, benefit account and payment trends, and innovations in employer-sponsored health benefits.
Alegeus Technologies, the market leader in healthcare and benefit payments, today announced the release of eClaims Manager – new functionality within its benefit account administration and debit card processing platform that allows administrators to receive insurance carrier claim data feeds for use in automating claims adjudication and reimbursement processes.
By leveraging carrier claim data within their benefit account administration platform, administrators are in a position to create tremendous adjudication efficiencies and cost advantages for their business operations, while empowering participants to take control of their healthcare expenses.
Alegeus Technologies, the market leader in healthcare and benefit payments, today announced a new custodial integration for its platform. Through a partnership with Avidia Bank, Alegeus is able to offer clients (including health insurance plans, third party administrators, and benefit brokers) a comprehensive, market-ready and fully brand-able HSA solution. Powered by the industry-leading Alegeus HSA platform, this ‘white label’ offering addresses several critical client needs – including speed to market, feature-rich HSA processing and account servicing, and simple IRS reporting.
Alegeus Technologies, the market leader in healthcare and benefit payments, has been named as a Top Five Industry Innovator in the Institute of Healthcare Consumerism’s (IHCC) HealthCare Consumerism Superstar Awards. Alegeus customers PrimePay, Avidia Bank and BlueCross Blue Shield also honored for their innovative use of Alegeus’ consumer-directed healthcare platform.