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 -- Lighthouse1, the industry leader in Consumer Driven Healthcare (CDH Congenital diaphragmatic hernia (CDH) A condition in which the fetal diaphragm—the muscle dividing the chest and abdominal cavity—does not close completely. Mentioned in: Prenatal Surgery ) administration software solutions, plans to release its new Plan Advisor tool and expanded Health Reimbursement Arrangement (HRA HRA Health Reimbursement Arrangement HRA Health Risk Assessment HRA Housing and Redevelopment Authority HRA Human Resources Administration HRA Health Reimbursement Account HRA Housing Revenue Account ) offerings for Lighthouse1 OnDemand[TM] at the 2007 CDHC CDHC Consumer Driven Health Care CDHC Community Dental Health Certificate 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[TM] 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 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. (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) ), Flexible Spending Account flexible spending account, n an employee reimbursement account primarily funded with employee-designated salary reductions. Funds are reimbursed to the employee for health care (medical and/or dental), dependent care, and/or legal expenses and are (FSA FSA Financial Services Authority FSA Food Standards Agency (UK) FSA Farm Service Agency (USDA) FSA Financial Services Agency (Japan) ) and transportation benefits. "Lighthouse1 OnDemand[TM] 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 CEBS Committee of European Banking Supervisors CEBS Certified Employee Benefit Specialist CEBS Chemical Effects in Biological Systems CEBS Church of England Boys Society CEBS Charles Edward Brooke School (UK) , GBA, CFCI CFCI Christ For the City International (Omaha, Nebraska) CFCI Certified in Flexible Compensation Instruction (Employers Council on Flexible Compensation) CFCI Cape Fear Center for Inquiry 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[TM] 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 UMB Financial Corporation (NASDAQ: UMBF) is American financial services company based in Kansas City, Missouri with operations in seven, mostly Midwestern, states. The company owns commercial banks, a brokerage company, a community development corporation, a consulting to offer the new Lighthouse1 Benefits Card. Like all Lighthouse1 OnDemand[TM] 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[TM] 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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 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[TM], 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[TM] 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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