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Amisys Synertech to Support Assurant Health's HSA Products; Web-Related Products and Outsourcing Services Implemented in 90 Days for November Product Launch.

ROCKVILLE, Md. -- Assurant Health, which provides individual and small group health insurance coverage, has selected Amisys Synertech Inc. to help launch administrative and service enhancements to its health savings account (HSA) product feature. Amisys Synertech is the market leader of advanced software products and world-class outsourcing and claims processing services for healthcare payers.

Part of Assurant, which offers specialized insurance products and related services in North America and selected other markets, Assurant Health offers high-deductible health plans in conjunction with HSAs, which allow employees to save for their out-of-pocket health expenses on a pretax basis and select how to invest the funds.

Amisys Synertech's solution provides a comprehensive, seamless product support network for Assurant Health. Amisys Synertech will:

--Deliver the primary Web link for Assurant Health members - a consumer-directed funds management solution integrated with Web-based, consumer decision-support tools from ChoiceLinx Corporation and Subimo, LLC.

--Serve as the enrollment conduit between Assurant Health and the HSA administrator, United Missouri Bank.

--Process HSA reimbursement requests and provide customer service to customers and brokers.

"We chose Amisys Synertech because it was one of the few companies that could combine proven technology, back-office efficiency and hands-on experience launching and growing consumer-directed programs," said Michael Kellen, Assurant Health senior vice president-development, group markets. "Their combination of products and experience in the consumer-directed market means that we can quickly deliver an improved HSA product to our customers."

"We're pleased that Assurant Health is relying on us to support its consumer-directed initiatives," said Craig R. Combs, senior vice president, sales and business development for Amisys Synertech Inc. "Assurant joins the list of consumer-directed innovators and leaders that have relied on us to help them quickly launch their new products and have them ready to accommodate growth."

Amisys Synertech currently processes claims for more than 210,000 consumer-directed lives each month. The company implemented one health plan's consumer-directed product in less than six months, and within the product's first year, membership has topped 80,000.

Amisys Synertech offers a Consumer-Directed Suite, which includes the following components:

--CDHP High-Deductible Processing Solution, combining medical and spending account processing

--CDH Funds Management Solution, which incorporates debit card processing for flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs) in addition to HSAs

--CDH Web Solution, an attractive, front-end Web application that can be branded to any health plan's look and feel. It includes online decision-support tools.

About Amisys Synertech, Inc.

Amisys Synertech Inc. ( advances health plan business through its industry-leading products and services. The company delivers comprehensive, mission-critical information management software products and Web capabilities that meet the needs of nearly every healthcare payer model. Amisys Synertech also provides leading business process outsourcing and application hosting for health plans, supporting a multimillion-member base through its claims processing and consumer-directed services. Amisys Synertech has offices in Rockville, Md., Harrisburg, Pa., Dubuque, Iowa and Alpharetta, Ga.
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Publication:Business Wire
Date:Nov 22, 2004
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