Alegeus Technologies, the market leader in healthcare and benefit payments, today released the results of an original market research survey – commissioned by Alegeus, and conducted in July 2013 by a third party research firm. The study polled more than 500 health benefit decision-makers at a cross-section of US employers on the topics of defined contribution health benefits and private insurance exchanges. Survey participants reported high levels of familiarity and interest in exploring defined contribution and private exchanges – with strong evidence that 2015 will be a 'tipping point' year for adoption.
Alegeus Technologies, the market leader in healthcare and benefit payments, today announced major enhancements to its consumer directed healthcare (CDH) platform, by expanding its flexible benefit account processing capabilities to include an Health Savings Account (HSA) recordkeeping component. This expanded HSA functionality creates the industry’s only single, wholly-owned technology platform to handle CDH administration, benefit card processing and HSA recordkeeping.
Alegeus Technologies, the market leader in healthcare and benefit payments, today announced that HealthPlan Express, a national affiliation of medical and health insurance brokers, has selected the Alegeus WealthCare Marketplace platform to power its new private insurance exchange. Focused on individuals, families, and small businesses with less than 15 employees (sometimes referred to as ‘baby groups’), HealthPlan Express is launching its private exchange to capitalize on market opportunities resulting from healthcare reform.
Alegeus Technologies, the market leader in healthcare and benefit payments, today announced that it has experienced widespread demand for its mobile application (WealthCare Mobile), with twenty additional clients – including American Benefits Group – adopting the mobile application since April 2013. A leading national third party administrator of pre-tax consumer reimbursement benefits (FSA, HRA, HSA, and Transit/Parking) as well as COBRA administration services, American Benefits Group is aiming to increase participant engagement, gain competitive advantage, and reduce servicing costs by giving participants the ability to manage consumer directed healthcare (CDH) and other tax-advantaged benefit accounts via mobile devices.
Alegeus Technologies, the market leader in healthcare and benefit payments, today announced that PrimeFlex Administrative Services, LLC, a subsidiary of PrimePay and a leading provider of payroll, tax, HR and benefit services, has selected the Alegeus WealthCare Marketplace platform to power its fully-branded private exchange solution, called The PrimePay Marketplace. Designed for broker partners and employer clients, The PrimePay Marketplace will complement existing offerings to support a wider array of employer funding strategies – such as defined contribution plans.
Alegeus Technologies, the market leader in healthcare and benefit payments, today released an infographic highlighting the path to defined contribution health benefits. The infographic highlights the market forces that are driving a shift toward defined contribution health benefit programs, which are emerging as a mechanism to drive more predictable healthcare costs for employers and increased choice and value for employees.
Alegeus Technologies, the market leader in healthcare and benefit payments, today is proud to announce they have been recognized as one of the area’s 100 largest private companies by the Boston Business Journal. The honor recognizes the company’s size and significant growth over the last year, as compared to other privately held companies in Massachusetts.
"This has been a banner year for Alegeus as we first introduced the company as an independent brand in late 2012, experienced significant account growth on our industry-leading consumer directed healthcare (CDH) platform, and recently made an important acquisition that has positioned us as the leader in the healthcare consumerism movement," said Tom Torre, Chief Executive Officer of Alegeus.
Alegeus Technologies, the market leader in healthcare and benefit payments, today announced that it will be leading multiple sessions at IHC’s Forum East on May 9-10, 2013 in Atlanta, GA. Terry McCorvie, President of Alegeus WealthCare Marketplace Solutions, will present two sessions focused on educating attendees about private exchanges and the next era of consumer directed health benefits. Additionally, Ernie Harris, VP Strategy and Product Management at Alegeus, will be presenting alongside client Michael Nigro, Director of Consumerism Product Development at ConnectiCare, on the importance of connecting consumer benefit needs with enrollment technology.
Alegeus Technologies, the market leader in healthcare and benefit payments, today announced its acquisition of Workable Solutions, a leading provider of private health insurance exchange technology solutions, to fuel the launch of its integrated private exchange and defined contribution platform – which will be called WealthCare Marketplace. The new solution supports a market shift in how health benefits will be delivered, and offers distinct value for Alegeus clients – creating new opportunities for revenue expansion, cost savings and efficiency gains. This acquisition also reinforces Alegeus’ commitment to delivering industry-leading benefit solutions to help clients succeed as the market evolves.