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To compete in today's changing market, growing numbers of payers are expanding their product offerings to include consumer-directed plans with flexible spending accounts (FSAs), health reimbursement arrangements (HRAs) and health savings accounts (HSAs).
TriZetto's Facets CDH Account Management solution can help your organization administer these complex product offerings efficiently, with a solution that is fully integrated with your existing Facets and Constituent Web Solutions software. Additionally, our solution integrates both the financial and medical claims capabilities for automation of the financial account administration.
Combining Facets, Facets CDH Account Management Module, Metavante's Benefit Card Platform, and financial services, TriZetto offers an integrated solution to meet your short- and long-term CDH fund management needs while driving administrative efficiencies across your organization. Optional capabilities include member web self-service and a benefits calculator. This fund management solution helps your organization:
- Design, set up and administer FSA, HRA and HSA plans on one platform.
- Integrate FSAs, HRAs and HSAs with the member's medical plan, increasing claims adjudication efficiencies for CDH accounts.
- Track HSA enrollment data tied to HDHPs.
- Store debit card information for members' FSAs, HRAs and HSAs, and provide access to these accounts via a single benefits card pre-integrated with Facets e2 and the financial institution handling member funds.
- Obtain auto substantiation for a majority of health care services purchased with a debit card, easing member expense validation activities and manual claim entry.
- Provide members Web access to CDH financial accounts for easier self management.
To help you launch enhanced capabilities to the market faster, TriZetto has pre-integrated Metavante's Benefits Card and financial services with the Facets CDH Account Management Module. We also enable debit card access for FSA, HRA and HSA accounts via a single card.
Through Metavante, TriZetto also offers integration with ACS/Mellon, HSA Bank, and other preferred financial institutions, for "one-stop" HSA account management. Members can track HSA account spending and manage fund investments while benefiting from the health plan's education, online services and enrollment capabilities.
Benefits:
- Supports the development and administration of FSAs, HRAs and HSAs
- Reduces costs by automating administration of HRA/FSA/HSAs
- Decreases errors and delays
- Improves member and employer satisfaction through auto-substantiation
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Information
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For more detailed information, please call 1-800-569-1222. |
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