My Healthcare Coach - Automated Healthcare Spending Coach

My Healthcare Coach^TM Provides Customer’s Employees a Side-by-Side Comparative View of Employer’s Offered Healthcare Plans – Saves Employees Millions in Healthcare costs.

Benefit Express, the leading provider of human resources and benefits services and solutions, announces the attainment and passing of a significant milestone for its My Healthcare Coach^TM offering.  Benefit Express’s Healthcare Spending Coach, a Web-based decision support calculator, has saved its customers and their employees million of dollars over the last two-years by demonstrating reduced costs in the following areas:

• Employer FICA savings
• Employee FSA tax savings
• Employee reduced total out-of-pocket expenses

Benefit Express’s Healthcare Coach helps employees make better decisions on healthcare coverage by walking them through a series of straightforward questions. The Healthcare Coach prompts each employee through a step-by-step process to estimate his or her expected use of healthcare services for the year. Employees may include anticipated procedures or previous year usage – such as an expected pregnancy, well-care doctor visits, or prescription use. This information is then totaled to allow employees to see their total out of pocket health care expenses based on their healthcare needs and the expected total cost of these healthcare services.

Once the data is entered, the Healthcare Coach gives the employee a side-by-side comparative view of what their out-of-pocket expenses could be under any of their employer’s offered plans – including HMO, PPO, POS or Consumer Directed Healthcare (CDH) plans. The Healthcare Coach also takes into account an employee’s monthly healthcare contribution, co-pay expenses and funds allocated to Flexible Spending Accounts. Benefit Express’s Healthcare Coach enables employees to make sound and informed decisions based on their individual needs. Should an employee have questions or need further assistance, Benefit Express call center support is available to guide the employee through the process.

“Since its introduction in 2002, the Benefit Express Healthcare Coach has saved our customers and their employees a considerable amount in healthcare costs by providing them detailed, accurate and timely information,” says Maria Bradley, president and founder, Benefit Express. “My Healthcare Coachä shows employees at a glance: their employee contributions, out-of-pocket expenses – such as deductibles, co-pay and co-insurance amounts – and what they might want to contribute to their Flexible Spending Accounts, such as Dental and Vision. This is real-time information that employees have at their fingertips. By giving the employees the right tools at the right time in the healthcare decision process they can then take greater control and become more informed healthcare consumers.”  Bradley noted that not only does Benefit Express’s Healthcare Coach help employees gain a sense of empowerment in the healthcare selection process but it also eases the administrative burden on the employer side through the tool’s web-based, self-service nature.

“Our customers believe it makes good business sense when they can provide their employees an effective savings-oriented tool like Benefit Express’s Healthcare Coach while taking an administrative load off their HR professionals so they can concentrate on bigger corporate and human resources issues,” continued Bradley.

For additional information about how Benefit Express can assist your company, please contact us by clicking here or call us at 1.877.837.5017.