Lighthouse1 Unveils Plan Advisor Tool and Expanded
Health Reimbursement Arrangement (HRA)
Offerings at 2007 CDHC Expo
Innovations
Drive New Business Opportunities and
Redefine Value in the Marketplace
MINNEAPOLIS, February 20, 2007 – Lighthouse1,
the industry leader in Consumer Driven
Healthcare (CDH) administration software
solutions, plans to release its new Plan
Advisor tool and expanded Health
Reimbursement Arrangement (HRA)
offerings for Lighthouse1 OnDemand™ at
the 2007 CDHC Expo in Las Vegas. The
addition of these resources provides
health plan administrators unparalleled
speed-to-market and flexibility.
Lighthouse1 customers now possess a more
robust plan portfolio to increase their
competitive edge.
The Lighthouse1 Plan Advisor is a
comprehensive tool that enables
Lighthouse1 OnDemand™ users to design
the right plans to grow their business
and lead the competition. With thousands
of plan features and options, Plan
Advisor supports flexible designs and a
fully customized approach to consumer
driven healthcare CDH. The Lighthouse1
Plan Advisor features Health
Reimbursement Arrangements (HRA), Health
Savings Account (HSA), Flexible Spending
Account (FSA) and transportation
benefits.
"Lighthouse1 OnDemand™ is fast. It’s kept pace with our 35%
growth rate and as a result, we’ve been
able to grow substantially in the past
year,” said Ric Joyner, CEBS, GBA, CFCI
and President of eflexgroup.com. “With
the Software as a Service model, we can
implement new features right away, and
training staff is easier, too. We’re
taking Lighthouse1 services to the
marketplace with confidence and
strength. The new capabilities of
Lighthouse1 Plan Advisor will increase
our competitive edge even further in
2007.”
With the implementation of the Plan
Advisor, Lighthouse1 OnDemand™ offers
enhanced claim filing. The tightly
integrated claims engine allows
unmatched performance and opportunity.
Administrators and carriers benefit from
streamlined processing and the ability
to share information internally and
externally. CDH account payments become
fully automated with easier tracking and
communication. Lighthouse1 has also
expanded its debit card offerings by
partnering with First Data Healthcare
Services and UMB Financial Corporation
to offer the new Lighthouse1 Benefits
Card.
Like all
Lighthouse1 OnDemand™
features, Plan Advisor includes the
expertise of the Lighthouse1 team.
Customers can count on personalized
consultation from experienced
Lighthouse1 professionals to create the
best solution for their objectives. This
approach simplifies potentially complex
designs and ensures participants a
better understanding of the value of
their plan. Success with any Software
as a Service model requires planning,
implementation, reinforcement and the
optimization of best practices.
Lighthouse1’s professional services team
will maximize the benefits of Lighthouse1 OnDemand™
to ultimately improve clients overall
business performance.
“These capabilities put our customers in
the position to respond favorably to
time-sensitive business opportunities,”
said Jeff Fritz, President and CEO of
Lighthouse1. “Attendees of the CDHC Expo
will experience first-hand how Plan
Advisor can deliver value to the market
before competitors can even respond.
That’s the beauty of using a Software as
a Service model for consumer driven
healthcare solutions.”
About
Lighthouse1
Lighthouse1 delivers Consumer Driven Healthcare (CDH) administration software solutions including Lighthouse1 OnDemand™, the high performance Software as a Service (SaaS) solution, to resolve challenges in the administration of Section 125, 105, 132 and other pre-tax spending programs in the healthcare and employee benefits industry. Its mission is to use the latest technology and services to assist and support CDH administrators in the management of healthcare account services. Lighthouse1 OnDemand™ allows third party administrators and healthcare providers to manage services for employer plans that include: Flexible Spending Accounts (Medical and Dependent Care), Transit and Parking, Health Reimbursement Arrangements and Health Savings Accounts. More information is available at
www.lighthouse1.com.
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