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Written by / Agency / Source: Consumer Health Technologies, Inc.

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CHT Releases BenefitSpan 2.7 with Expanded Investment Capabilities - CHT's new BenefitSpan™ 2.7 expands investment options for HSA account holders and enables them to automatically sweep HSA cash funds to investment accounts
CHT Releases BenefitSpan 2.7 with Expanded Investment Capabilities

 

NewswireToday - /newswire/ - Ft. Lauderdale, FL, United States, 2009/08/28 - CHT's new BenefitSpan™ 2.7 expands investment options for HSA account holders and enables them to automatically sweep HSA cash funds to investment accounts.

   
 
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Consumer Health Technologies, Inc. (“CHT”), a Consumer Directed Healthcare (CDHC) software company that offers BenefitSpan™, a total benefits administration and service aggregation platform, recently released the version 2.7 of its award-winning solution BenefitSpan™ 2.7 featuring expanded investment options and investment automation capabilities.

BenefitSpan™ 2.7 supports configurable auto-contribution, balance notification and bill payment functions, along with ad-hoc reporting and advanced HSA investments management functions that optimize investment transactions and ensure control, efficiency, ease of usage and flexibility at the administrator, employer and member level. New features include investment management workflows for automatic investment and redemption, real-time investment balances, and support for external HSA investment portals that enable Members to automatically transfer HSA cash balance in/out of their investment accounts. BenefitSpan platform answers the industry’s call for integrated CDHC products, accounts and service aggregation for a broad range of CDHC services.

“The ability to navigate multiple accounts from a single point of access is of vital importance to HSA account holders that control over $8 Billion in deposits, up from $5 billion in 2007. We are responding to the demands of the growing CDHC market with superior technology that is focused on open and flexible architecture, converging the previously disparate components and rapidly configuring a variety of accounts and services to design packages that suit various group sizes, demographics and geographies. Our goal is to offer our clients maximum choice and freedom in this evolving and highly competitive market space. “- said Kostya Grygoryev, CTO of Consumer Health Technologies.

About Consumer Health Technologies, Inc.
Consumer Health Technologies, Inc. (consumerhealthtech.com) enables Third Party Administrators (TPA), Banks and Payers to rapidly assemble, price, deliver and administer, consumer centric health benefit accounts and services via BenefitSpan™, the Total CDHC service platform. BenefitSpan™ supports rapid integration and delivery of healthcare transactions, financial services and a wide array of supporting services such as wellness programs, incentive programs, discount programs, bill management, payment administration, advocacy, dispute management and more. These services can be assembled, personalized and delivered in a targeted fashion to meet the needs of the individual and group clients for HSA, HRA and FSA account solutions.

To learn more about the benefits of our CDHC products and services call 954-315-0902 or visit our website.

 
 
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Written by / Agency / Source: Consumer Health Technologies, Inc.

 
 

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CHT Releases BenefitSpan 2.7 with Expanded Investment Capabilities

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Publisher Contact: Lyudmila Grinevich - ConsumerHealthTech.com 
262-339-2218 Lyudmila.grinevich[.]consumerhealthtech.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Consumer Health Technologies, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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