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BenefitStreet Selects Canopy Financial's HealthDirect(SM) to Power Suite of Consumer-driven Healthcare Solutions.


CHICAGO -- BenefitStreet, a leader in on-demand solutions for comprehensive financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 and group benefits management, announced today that it has selected HealthDirect(SM) from Canopy Financial, a leading provider of financial technologies that power consumer-driven healthcare products and services for health insurers and financial institutions, to power an innovative suite of consumer-driven healthcare technology solutions for their partners which include Advisors, Brokers, Insurance Carriers, Financial Institutions and Third Party Administrators.

Under the terms of this agreement, BenefitStreet and Canopy Financial are unveiling a comprehensive suite of integrated investment tools and technologies specifically for Health Savings Account A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal income tax at the time of deposit.  administration.

"BenefitStreet's selection of Canopy Financial underscores our commitment to helping our more than 6,500 clients capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 the market opportunities related to Health Savings Accounts," said Scott Zeilinger, Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of BenefitStreet. "As one of the clear thought leaders in this space, Canopy Financial brings a depth of expertise to this partnership that is unmatched in the industry."

The first combined offering will be an investments trading platform that is completely integrated with HealthDirect(SM), Canopy Financial's Health Savings Account administration platform.

"BenefitStreet and Canopy share the common objective of building technologies that improve the adoption and reduce the administration of consumer-driven healthcare accounts," said Vik Kashyap, Chairman and Founder of Canopy Financial. "Together, we endeavor to simplify the complexities of healthcare-specific investment services."

BenefitStreet's HSA HSA Health Savings Account (US)
HSA Human Serum Albumin
HSA Human Services Agency (Nevada)
HSA Health Services Agency
HSA Health and Safety Authority (Ireland) 
 offering includes turnkey, multi-channel customer service, customer communication and education materials, enrollment kits, and wellness tools.

About BenefitStreet

BenefitStreet is a leader in on-demand solutions for comprehensive financial services and group benefits management. Serving more than 6,500 client organizations, BenefitStreet's solutions include 401(k), IRA Ira, in the Bible
Ira (ī`rə), in the Bible.

1 Chief officer of David.

2,

3 Two of David's guard.
IRA, abbreviation
IRA.
, ESOP ESOP

See: Employee Stock Ownership Plan


ESOP

See Employee Stock Ownership Plan (ESOP).
, Flex Spending, Health Savings, and Defined Benefit administration. BenefitStreet is headquartered in San Ramon San Ramon (Spanish for "Saint Raymond") may refer to one of the following places:

Argentina
  • San Ramón de la Nueva Orán, a city
Costa Rica
  • San Ramón, Costa Rica, the municipality of San Ramón
, CA and maintains offices in San Francisco and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. For more information, please visit our web site at www.benefitstreet.com or call 1-925-831-0800.

About Canopy Financial

Canopy Financial provides innovative technology solutions that address the convergence of healthcare and financial services. Serving a diverse range of healthcare, financial services, and technology clients, Canopy develops and delivers branded, best-in-class consumer-driven healthcare products and services through its market-leading offerings, including HealthDirect(SM), HealthDirect Investments(SM), HealthDirect Bill Pay(SM), CardLink(SM), HSA Marketplace(SM), and HealthScore(SM). For more information, please visit our web site at www.canopyfi.com or call 1-866-960-4700.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 21, 2006
Words:388
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