Consumer-directed healthcare accounts are becoming commoditized, offering limited differentiated value for brokers, consumers and employers. Alegeus helps TPAs differentiate and win with simpler, smarter account solutions.Learn more
Administrators must consider how they evolve their product and market strategies to maintain relevance and protect/gain share.
When surveyed, only 35% of employers indicated that they see a high degree of differentiation between benefit account administrators
Non-traditional competitors such as health insurance plans, financial institutions and other adjacent benefit solution providers are entering the market with a variety of value propositions
With competitors driving PAPM fees down, TPAs must explore new strategies and partnerships to charge for value and participate more fully in the revenue streams associated with these programs
By 2021, the number of HSAs will overtake that of FSAs and constitute a projected 44% of all health benefit accounts, changing the game for TPAs who have largely focused on notional accounts
In what is always a people-intensive business, administrators must always seek new methods of automation to drive down operating expenses and improve margins
We have been a client of Alegeus for almost 15 years, and Alegeus has been a tremendous partner during that time. They are so much more than a technology company to us. Whether it’s helping us get a new business deal over the line, jumping on a client issue or planning for the future, they are always right there to help.
We have always had a great reputation and track record for service excellence, but lately that doesn’t seem like enough to get the attention of new brokers and distribution partners. With the new Smart Account experience, we see a much different path forward, where we can compete and win based on unique product capabilities, cost savings and outcomes.
As we are out competing in the market, we’ve always been very well-positioned to win new business, with the strength of the Alegeus platform and partnership behind us.
We built our business for decades around our flagship FSA product and for years struggled to gain traction with our employer groups around HSAs. We were consistently winning the notional business, only to see the HSA accounts carved out to other solution providers. Alegeus jumped in and helped us refine our messages and sales materials, and even joined us in finalist meetings to help us change our sales momentum around HSAs. They are a great partner.
Alegeus is far out ahead of the market in delivering truly innovative “smart account” technology - allowing you to sell on value vs. commodity account solutions. Couple that with the flexibility to create and customize your own digital, mobile, online experience – while still taking advantage of the innovative features of our platform. The result is unprecedented flexibility to integrate, support, own, mold your CDH business strategies in response to evolving market dynamics.
Dedicated team of experts, focused on your success during implementation and beyond
High-quality conversion, delivered on time, on budget and with minimal disruption to your stakeholders
Helping you harness the full power of our platform and optimally aligning it to your business
Measuring what matters to you, with score cards to reinforce our results
Our white-label model makes your brand the hero, with no trace of Alegeus behind the scenes
Highly configurable front end – or the opportunity to consume our capabilities into your environment via integration
Unmatched product innovation and investments, driven by client input, that fuels your key business priorities
When you grow, we grow. We offer growth credits and revenue-share opportunities to ensure our incentives are aligned
Helping you identify actionable opportunities to improve your program performance
We work with you to build a fully fleshed-out go-to-market attack plan, with resources behind it to unlock your potential
Open-enrollment and year-round engagement strategies to increase account participation and funding
Vast library of customizable marketing and sales content assets to help you kick-start your sales toolkit development
Deep insight into market players, capabilities and effective sell-against strategies
Growth-focused resources available to help with tactical sales support activities (demos, RFPs, finalist meetings and more)