NewswireToday - /newswire/ - Phoenix, AZ, United States, 10/01/2009 - NEOS consumers are empowered with real time financial information enabling them to self-direct their healthcare. Electronic linkage to financial institutions provides consumers with the flexibility to pay for qualified medical expenses.

NEOS Consumer Driven Healthcare announced today an upgrade to its Health Savings Account administration module. The upgrade includes a streamlined online account setup for employees and individuals. Professional Employer Organizations now have improved management and reporting tools. These enhancements provide turnkey administrative solutions for new client enrollment and management.

Qualified Medical Expense (QME) tracking functionality has been enhanced from an already industry leading user tool. The enhancement includes a more intuitive system process flow. Proper QME tracking gives users a snapshot look at their healthcare costs and usage. Ultimately, providing more control for the individual.

When asked about the upgrade, Michael Ewens, NEOS CDH President / CEO said: “We are continually expanding and improving our self service CDH platform. NEOS Health Savings Accounts are so much more than typical bank accounts. The NEOS HSA is a seamless integration of healthcare and banking”

NEOS Consumer Driven Healthcare (neoscdh.com) is a Health Savings Account (HSA) Administrator. NEOS is a privately held company located in Phoenix, Arizona. Coupled with a qualified HDHP, the NEOS HSA helps employers and individuals reduce their overall healthcare costs. Brokers and PEOs can enhance their product offering with the NEOS HSA.

The NEOS CDH Platform is hosted and maintained by Avidity Health Care Solutions, Inc. Avidity HCS, Inc. has been a health plan system provider and BPO in the Managed Care Industry for 20 years. Avidity HCS is a privately held company located in Phoenix, Arizona.

Agency / Source: Avidity Health Care Solutions, Inc.

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