Alegeus Announces Support of National HSA Awareness Day, October 15

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

With more than 25 years of growth and innovation, Alegeus is the market leader in SaaS-based healthcare payment solutions. Our highly flexible, white-label platform powers account-based benefit programs such as HSAs, FSAs, HRAs, COBRA, wellness incentives, lifestyle benefits and beyond. We deliver exceptional user experiences and differentiated capabilities that help our partners strengthen their product offerings, operate more efficiently, and unlock their full growth potential. Our partnerships with the industry’s leading health plans, third-party administrators, financial services and benefit solution providers give Alegeus unparalleled reach in the market. And our unique partnership model empowers our clients to achieve outsized results – growing their programs at a rate that is 2-3X the market, and with the highest net promoter scores (NPS) in the industry. We never compete with our clients – we win when they win. Alegeus is headquartered in Waltham, Mass., with operations centers in Orlando and Bangalore, and a large remote workforce.

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