Award-winning Evolution1
– a WEX Company – a leading provider of cloud-based,
consumer-directed healthcare and defined contribution payments and
technology solutions – will present an upcoming complimentary webinar
titled “The Power of the Consumer: Developing a Defined Contribution &
Private Exchange Strategy” at 2 p.m. ET Wednesday, March 18.
Co-presenters Jeff
Bakke, chief strategy officer at Evolution1, and Scott Sullivan,
senior vice president of sales and business development at GoHealth,
will discuss the factors driving the shift to defined contribution
models, as well as engagement and member retention. They’ll also provide
insights on how member-driven models are being leveraged successfully.
“In order to both protect existing customers and capitalize on the
growing defined contribution private insurance exchange opportunities,
employers need solutions that go well beyond rudimentary enrollment
platforms and legacy consumer directed health account solutions,” said
Bakke. “To be successful, it is imperative that health plans, third
party administrators, financial institutions – and all healthcare
partners, for that matter – decide what their role is going to be and
how they are going to participate, ultimately providing solutions that
deepen the relationships with customers and their employees.”
Bakke and Sullivan will review highlights from the second annual
Healthcare Benefits Trends Employer Survey conducted by the Healthcare
Trends Institute, including an exclusive point of view on the
adoption and use of defined contribution and insurance exchanges.
Additionally, they will share insights about how employers across the
country are preparing for impending reform legislation, including the
2016 health insurance mandate and the 2018 Cadillac tax.
“The health insurance industry is undergoing an exciting paradigm shift
to a consumer-driven health model. A defined contribution platform
married to a proven exchange works, and more employers are recognizing
this as a viable benefits solution,” said Sullivan. “As consumers take
greater control of their health benefits, there is a growing need for
education and engagement. That is why health management platforms with
online pricing tools, quality comparison capabilities, and telemedicine
are more important than ever.”
Registration for the webinar is at www.fiercehealthpayer.com/offer/evolution1_march2015?source=Evolution1.
Together with its Partners, Evolution1 serves third-party
administrators, financial institutions, health plans, and software
providers across the country, providing healthcare and other
reimbursement account services to more than 100,000 employers and more
than 11,000,000 consumers. Evolution1 Partners will gather April 8-9 at
the Westin Kierland Resort & Spa in Scottsdale, Arizona for Partner
Conference 2015, the industry’s go-to event.
About Evolution1, Inc. – a WEX Company
At Evolution1, Inc. –
a WEX Company, we simplify the business of healthcare. We do that
through innovative cloud-based payment and technology solutions that
administer and manage consumer-directed and defined contribution
accounts. But we don’t do it alone. Our network of partner organizations
enables us to deliver our industry-leading and award-winning solution to
100,000 employers and more than 11,000,000 consumers across the country.
Together we take the complexity out of defined contribution, HSAs, HRAs,
FSAs, VEBAs, PRAs, wellness plans, and transit plans. Learn more at www.evolution1.com.
About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of
corporate payment solutions. From its roots in fleet card payments
beginning in 1983, WEX has expanded the scope of its business into a
multi-channel provider of corporate payment solutions representing 9
million vehicles and offering exceptional payment security and control
across a wide spectrum of business sectors. The Company’s operations
include WEX Bank, Fleet One, Evolution1, WEX Australia, WEX New Zealand
and WEX Europe, as well as a majority equity position in UNIK S.A.,
(Brazil) and WEX Europe Services (England). WEX and its subsidiaries
employ more than 2,000 associates. For more information, visit http://www.wexinc.com/.
Copyright Business Wire 2015