Sterling HAS, an independent, privately held company offering health savings account administration services to employers and individuals nationwide, has chosen Metavante to be its exclusive provider of benefit debit card and healthcare payment technology. Using Metavante’s WealthCare Card, Sterling HSA will provide account holders with card-based access to their HSAs.
Owing to a tight integration between the WealthCare Card platform and Sterling HAS`s proprietary account administration platform, real-time balance information will be available to Sterling HSA and account holders. Metavante's WealthCare Card platform provides highly flexible integration services that simplify the data exchange with any administrative platform. Besides, it offers a benefits administrator the freedom to choose its preferred HSA custodian when adding the account to the multi-purse debit card.
“As CDH and HSAs continue their expansion, Metavante plans to continue evolving its solutions in an effort to make it easier for companies to offer CDH options, while simultaneously making the accounts more user-friendly for individuals,” said John Reynolds, division president, Metavante Healthcare Payment Solutions.
Additionally, forging new connections between payment and data systems to quicken the claims process, Metavante expedites benefits eligibility verification, claims substantiation, medical remittance processing, and payment and explanation of benefit distribution. Metavante enables integrated consumer benefit account management of HSA, FSA, HRA, and dependent care and transportation accounts with the help of Web-enabled tools, an HAS platform, multi-purse benefit debit cards and combo eligibility\payment cards.
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