CHT will support components of cash management technology that will
enhance functionality beyond previous capabilities. MTC clients will have an
enhanced online experience with increased access to enrollment capabilities,
tools to manage their healthcare dollars, document archives and much more.
MTC clients continue to have access to both a banking and investment
platform. The automatic sweep feature that moves money from the banking to
investment account will continue to be in place along with a trading
platform that allows account holders to choose from a wide array of
investments.
By leveraging the strength of both companies, Millennium has a stronger
and more flexible HSA platform that seamlessly integrates both a banking and
investment account on a single platform. The platform enhances Millennium’s
ability to serve their existing client base including individuals,
employers, financial advisors and third party administrators. “The new
platform is critically important to our overall growth strategy and allows
us the flexibility to provide creative solutions in the health and wealth
arena. BenefitSpan provides additional account access tools to manage the
client’s banking, investment and wellness needs giving a total picture of
their HSA portfolio. We share CHT’s vision for Consumer Directed Healthcare
making our selection of CHT the best solution for us,” comments Scott
McCartan, CEO of Millennium Trust Company.
“We are excited and proud to add MTC to our family of clients. MTC brings
a unique and compelling value proposition to their clients and have
demonstrated a strong commitment to serving their clients with easy-to-use
and effective healthcare banking and HSA solutions. The adoption of
BenefitSpan will allow MTC to expand their products, services and revenue”,
said Pradeep Goel, CEO of Consumer Health Technologies, Inc.
About Millennium Trust Company
Millennium Trust Company is an industry leader in administrative and
custodial services. Millennium custodies alternative and traditional assets
in IRAs, Solo 401(k)s and custody accounts, offers cost-effective 403(b)
solutions, creates customized Automatic Rollover programs, provides
integrated Health Savings Account solutions and designs unique
trading platforms for Investment Advisors. To learn more about
Millennium’s HSA solutions contact, Reggie Karas at (630) 368-5674 or visit
our website at www.mtrustcompany.com
.
About Consumer Health Technologies, Inc.
Consumer Health Technologies, Inc. enables Administrators (TPA), Banks
and Payers to rapidly assemble, price, deliver and administer, consumer
centric health benefit services via the Total CDHC service platform,
BenefitSpan™. BenefitSpan™ supports rapid integration and delivery of
healthcare transactions, financial services and a wide array of supporting
services such as wellness programs, incentive programs, discount programs,
bill management, payment administration, advocacy, dispute management and
more. These services can be assembled, personalized and delivered in a
targeted fashion to meet the needs of the individual and group clients for
HSA, HRA and FSA account solutions.
To learn more about the business benefits of our integration products and
services call (954) 315 0902 or visit our website at
www.consumerhealthtech.com
