OWNERSHIP OF INFORMATION
Challenge:
Who owns or controls the data when health and financial information is presented to a consumer?
RECONCILER™ Solution:
Banks entering the HSA market are often concerned about preserving their "brand" and are reluctant to have their customer data repurposed by the health plan/TPA.
In addition, HIPPA and privacy issues make banks and health plans wary of the liability associated with storing information about each other's customers.
Ultimately, the consumer pays the price as he/she "toggles" between the health plan/TPA and bank and debit card websites and tries to piece together financial and health plan data into a cohesive picture.
RECONCILER aggregates financial and health plan data into a single source.
Because RECONCILER does not replicate or store the data in a central repository, bank and health plan/TPA concerns about data sharing are eliminated.
RECONCILER preserves both the bank and health plan/TPA's relationships with their customers, while letting consumers see all their information in a single location.
Questions?
To discuss how we can help your organization, please contact us:
or
(949) 756-0037
