| Corporate Healthcare Payment Account Solutions |
| As the cost of providing employer sponsored healthcare continues
to rise and businesses are faced with the demands of a diverse and
dynamic marketplace, it is apparent the traditional benefits model
is no longer sustainable. One recent initiative aimed at managing
the rising cost of healthcare is the concept of Consumer Directed
Healthcare (CDH). |
| CDH aims to place healthcare decisions in the hands of
individual consumers to reduce unnecessary spending, increase
individual healthcare awareness and accountability, enforce better
decision making and manage the rising cost of care. By empowering
individuals with the ability to make decisions about their
healthcare, the CDH movement seeks to control costs by stimulating
real market competition. |
| Recognizing the dynamic shift that is taking place in healthcare
market, SunTrust has developed a set of healthcare payment account
solutions to help your organization better manage current and future
benefit expenditures. |
| SunTrust Healthcare Payment Account Solutions was designed to
combine the administrative and financial aspects of CDH products.
Using a single platform, our solution simplifies and streamlines
your benefits enrollment processes while providing consumer tools
and web-based functionality for your employees to become more
engaged in their healthcare spending. |
Key Features of the SunTrust Healthcare
Payment Account Solution |
|
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Flexible enrollment in
various healthcare payment account options that can be integrated
into current benefit enrollment processes and systems |
|
Web-based administrative dashboard
for employee data management, claims processing and approvals, and
program reporting |
|
Dedicated implementation support
guiding your Human Resource department through the set-up and
enrollment process |
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Ongoing account manager support for
your Human Resource department and 24/7 customer service
assistance for your employees |
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Unique funding dashboard allowing
for greater control and flexibility in providing claim
reimbursements to employees |
|
Best-in-class healthcare payment
account features for your employees including a SunTrust
Healthcare Payment debit card, online account access, healthcare
education tools and an easy to follow claims submission process |
|
| To find out how the SunTrust Healthcare Payment Account Solution
can help your organization better manage rising healthcare costs use
our secure email form to request further information
or contact your SunTrust Relationship Manager. |
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