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RepayMe® Releases New Dynamic Participant Portal
with Extensive Customization and Communication Options
SAN DIEGO, May 22, 2007 – BenSoft, Inc., the pioneer of web-based consumer driven healthcare (CDHC) administration technology, today announced the availability of a RepayMe release with several new features and enhancements enabling administrators to meet the requirements of each of their employer clients with unique participant web portals.
"The escalating consumer driven healthcare movement requires administrators maintain technical differentiation to win and retain business,” stated Tom Horan, RepayMe’s founder and CEO. “Understanding that each reimbursement plan is unique, this new RepayMe release offers a simple customization toolkit so that administrators can satisfy each of their employer clients"
Extensive Customization and Communication Options
The RepayMe participant web portal features an entirely new graphical interface with intuitive navigation and rules-driven menu options easily customizable for each employer client. The powerful RepayMe communication center allows administrators to post personalized text, important announcements and plan documentation per employer group without programming. Benefits administrators are able to adapt the RepayMe solution for their distinct business environments with multiple private-label participant sites.
Enhanced Security Settings
Robust security settings allow RepayMe administrators to control, by employer-client, which specific tasks participants can perform online, such as enter open enrollment elections, make ongoing election changes, submit claims, update personal information, request or cancel a debit card, and sign-up or cancel direct deposits.
Consumer Directed Capabilities
RepayMe offers web access to account balances and a transaction history of Flexible Spending Accounts (FSA), Health Reimbursement Arrangements (HRA), Section 132 Transportation & Parking Accounts, and Health Savings Accounts (HSA). Featuring a virtually paperless environment accessible 24/7, this participant self-service contributes to a distributed workflow environment that significantly diminishes administrative overhead.
"RepayMe has been instrumental to our phenomenal growth since 2002,” said Joy Snyder, Founder and Executive Vice President of Chard Snyder, a RepayMe TPA. “The new participant portal is already extremely well-received and fits perfectly into our ‘Commitment to Excellence’ mission. We look forward to further differentiating our company and delivering extraordinary client service with the cutting-edge RepayMe solution."
About RepayMe
RepayMe, a wholly owned trademark of BenSoft, Inc., is the pioneer of web-based benefits administration technology for the management of consumer driven healthcare (CDHC) reimbursement accounts. RepayMe is the leading Software-as-a-Service (SaaS) solution designed specifically for Third Party Administrators (TPAs), health plans and self-administrating employers seeking a cost-effective FSA / HRA / HSA / S132 solution. RepayMe provides a flexible and comprehensive system to meet today’s complicated healthcare plan designs, including integrated real-time debit card options and an automated Business Processing Outsource (BPO) service. Over 2,500 employers’ benefit plans are administered using RepayMe.
About Chard Snyder
Chard Snyder is a leading third-party administrator of customized benefit solutions established in 1988 and based in Ohio. This privately owned TPA provides superior plan design, reliable plan management, quality education services, and excellent customer service to over 700 organizations nationwide. Visit
www.chard-snyder.com for more information.
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BenSoft and RepayMe are registered trademarks of BenSoft, Inc. Other company and product names may be trademarks of their respective owners.
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