ConnectYourCare Sees Early Success of Service
<p><strong>Hunt Valley, Md. — June 20</strong><br />ConnectYourCare, a provider of CDH account management solutions, has reported substantial enrollment figures for the first half of 2007, generated by CDH Express, the Web-based onboarding tool specifically designed to service the small and midsized markets. </p><p>Since the CDH Express launch in December, ConnectYourCare has witnessed group enrollment steadily climbing every month and surpassing forecasts — more than 200 new employer groups have come onboard in just the past six months. </p><p>This sweeping acceptance of CDH by employers and benefit brokers proves that account-based plans are rapidly earning recognition in the marketplace as a mainstream benefit offering, and employers aren’t waiting until their annual renewals to move to a CDH plan.<br /><br />“We launched CDH Express and our broker relationship organization as a means for our channel partners to have a robust, feature-rich CDH product for companies of all sizes and to gain sales momentum immediately,” said Terry Hunter, ConnectYourCare CEO. “However, as we chart the average client size, we now realize that CDH Express is the gateway to the middle market, as brokers are using ConnectYourCare as a competitive advantage and leading their clients to our services. </p><p>"We see this success as another demonstration of our Web application development competency, as well as the ability to package and simplify a complex product for the mass market.”<br /><br />CDH Expresssm automates and simplifies the account implementation process for the small and midsized markets. </p><p>Benefit administrators have the ability to establish and enroll employees in health savings accounts (HSAs), flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs) in a few easy, straightforward steps. </p><p>Brokers realize leverage with the flexibility, overall convenience and competitive advantage that CDH Express provides as a “no noise” solution. </p><p>No group size limitations, an innovative health plan agnostic or bundled platform (if sold through health plan partners) and outstanding support via ConnectYourCare’s Broker Relationship Organization translate into a hassle-free experience for both broker and client.<br /><br />“ConnectYourCare’s CDH Express has set a new industry standards that fills in the gaps where some carriers fall short with regards to CDHP administration,” said Rob Ferrer, executive vice president of Group Insurance Solutions Inc., a health insurance firm based in Baltimore. “CDH accounts add a new, and sometimes intimidating, layer of group benefit administration for employers and HR managers.</p><p>"However, ConnectYourCare performs efficiently and effectively with a 'no noise' solution that delivers a quick and painless installation experience and user-friendly, ongoing tracking and administration of HRA and HSA accounts. Efficiency like this frees us to work on new business development opportunities rather than constantly play middle man on administrative issues.”</p>
