LIVONIA, Mich., Jan. 4 /PRNewswire/ -- American Community Mutual Insurance Company has joined with HealthEquity, Inc., an industry-leading Health Savings Account (HSA) administrator, to offer an integrated program that links high- deductible health plans with consumer-driven tools and financial services.
American Community’s high-deductible health plans, coupled with tax- advantaged Health Savings Accounts, provide an important and affordable coverage option for many individuals and families. Now, the American Community/HealthEquity alliance provides a number of added benefits to policyholders who select HealthEquity as their HSA administrator.
“American Community and HealthEquity are taking a leadership approach to HSAs. We look forward to providing an industry first, integrated HSA that will be user-friendly and easy to use,” said Stephen D. Neeleman, MD, CEO, HealthEquity.
HSA-related services include a personal advocate, 24-hour telephone support, guidance on how to use an HSA, help with health provider contact, claims analysis, and automatic payment of claims. HealthEquity also offers an additional benefit for qualified subscribers -- a credit line to pay health care bills until their HSA balances are sufficient to cover the costs.
Additional consumer resources include a 24-hour nurse hotline, an online tool to help identify lower-cost alternatives to brand-name prescription drugs, and internet access to diagnostic, treatment and disease-management resources.
“American Community’s relationship with HealthEquity delivers real added value to our HSA policyholders,” said Senior Vice President, Group, Greg Mac. “We’re very pleased to be able to bring this added dimension to our HSA product offering.”
About American Community
Founded in 1938, American Community Mutual Insurance Company was the first health insurance company in Michigan, and is one of the oldest in the nation. Based in Livonia, Michigan, American Community provides individual and group health insurance products in eight states through an agency force of over 5,000. The company provides high-quality, affordable coverage to approximately 200,000 people. For more information, visit http://www.american-community.com/ .
About HealthEquity
Tucson, Arizona - based HealthEquity, Inc. provides HSAs and consumer advocacy services to employers and individuals nationwide. HealthEquity partners with local healthcare systems and regional insurance companies that provide fully insured plans for individuals and small and mid-size businesses. The company also works with third-party administrators (TPAs) that offer self- insured plans for large companies. For more information, visit http://www.healthequity.com/ .
American Community Mutual Insurance Company
CONTACT: Suzan Higgins of Smith-Winchester, +1-248-352-3333,suzan@smith-winchester.com , for American Community Mutual Insurance Company;or Mark Neelman of Health Equity, +1-801-519-9656,mneeleman@healthequity.com
