Award-Winning Innovations That Deliver Results.

HealthDirect is the leading technology-enabled administration and account management platform for Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), and Voluntary Employees' Benefit Associations (VEBAs).

HealthDirect allows financial institutions and healthcare companies to dramatically streamline the administration of health-related spending accounts. With HealthDirect, business processes such as eligibility, enrollment, account management, claims submission, expense substantiation, receipt storage, reporting, analysis, customer service and IRS regulatory form filing are automated and executed entirely online.

HealthDirect contains applications built specifically for each constituent in the Consumer-Driven Healthcare (CDH) value chain: Individuals (for account holders), Employer s(for employers), and Program Administrators (for product managers, claims administrators, plan sponsors, and CSRs). The platform integrates neatly with existing applications, DDA systems, credit/debit cards, databases, and other infrastructure components.

Furthermore, HealthDirect provides administrators with the ability to control branding, pricing, fees, interest rates, substantiation rules, and the customer experience.

HealthDirect offers the following functionality:

		FDIC Insured custodial services that allow multiple custodian banks to be connected to the platform simultaneously
		Patent-pending sub-accounting and record-keeping services
		ACH transaction management and electronic payment clearance and settlement services
		Interest rate compounding, calculation and payment
		Online bill payment processing to providers and merchants
		Integrated and co-brandable debit and credit card management for FSA, HRA, and HSA accounts including multi-purse management, stacked plans, line of credit, and incentive rewards
		Online and offline monthly statement generation
		Credit scoring for line of credit lending and risk management
		Integration of line of credit with core account management
		Investment account custodial services and trade clearance
		Access to over 30,000 mutual funds from dozens of asset managers via integrated investment trading platform
		IRS form processing and filing
		Fraud detection and management
		Real-time claims substantiation and adjudication