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Lighthouse1 Unveils Plan Advisor Tool and Expanded Health Reimbursement Arrangement (HRA) Offerings at 2007 CDHC Expo

Posted on: Tuesday, 20 February 2007, 09:01 CST

Lighthouse1, the industry leader in Consumer Driven Healthcare (CDH) administration software solutions, plans to release its new Plan Advisor tool and expanded Health Reimbursement Arrangement (HRA) offerings for Lighthouse1 OnDemand™ at the 2007 CDHC 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™ 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 (HSA), Flexible Spending Account (FSA) and transportation benefits.

"Lighthouse1 OnDemand™ 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, GBA, CFCI 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™ 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 to offer the new Lighthouse1 Benefits Card.

Like all Lighthouse1 OnDemand™ 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™ 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 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™, 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™ 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.

Source: Business Wire

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