Benefits Administration

Search documents
HealthEquity's AI-Powered Tool Recognized for Innovation in Streamlining Benefits Education
Globenewswire· 2025-08-29 15:00
Core Insights - HealthEquity's HSAnswers has won multiple prestigious awards for its innovative approach to healthcare benefits education, utilizing AI technology to enhance accessibility and reliability for users [1][3]. Group 1: Product Overview - HSAnswers is an AI-powered tool designed to provide quick and reliable answers to questions regarding Health Savings Accounts (HSAs) and other consumer-directed benefits (CDBs) [2]. - The tool has facilitated hundreds of thousands of conversations since its launch in October 2024, addressing both simple and complex inquiries related to healthcare benefits [4]. Group 2: Industry Recognition - HSAnswers has received notable accolades, including the 2025 AI Breakthrough Awards for Informational Bot Solution of the Year and two Globee Silver Awards for AI achievements in healthcare [3]. Group 3: Market Demand and Impact - A significant 73% of employees express a need for improved benefits education, highlighting the tool's relevance in addressing real-world consumer questions [4]. - The tool leverages over 500 curated educational resources and 20 years of industry expertise, ensuring users receive reliable and contextually relevant information [6]. Group 4: Accessibility and Future Development - HSAnswers is freely available to a wide audience, including current and prospective HealthEquity members, benefits administrators, and health plan partners [7]. - The company plans to continue investing in HSAnswers, aiming to incorporate more sophisticated use cases to enhance user experience in the future [6].
HealthEquity Assist™: A new suite of integrated benefit solutions that drive deeper engagement, deliver cost savings, and increase transparency for employee benefits
Globenewswire· 2025-03-18 13:15
Core Insights - HealthEquity, the largest Health Savings Account (HSA) administrator in the U.S., launched HealthEquity Assist™, a suite of tools designed to help employers manage healthcare costs and enhance employee engagement [1][5] - The tools aim to address rising healthcare costs, projected to increase by 9% in 2025, and the complexities of navigating benefits [2][3] Product Offerings - HealthEquity Assist includes three main tools: HealthEquity Analyzer™, HealthEquity Navigator™, and HealthEquity Momentum™ [3][10] - HealthEquity Analyzer™ provides employers with near real-time data on inefficiencies and trends, enabling smarter decision-making [10][11] - HealthEquity Navigator™ simplifies healthcare spending decisions for employees by offering guidance on provider selection and cost-saving opportunities [10] - HealthEquity Momentum™ encourages proactive health and expense planning, increasing employee engagement with benefits programs through personalized rewards [10] Market Context - The benefits industry faces challenges related to cost and complexity, impacting both employers and employees [3] - HealthEquity's initiatives are positioned to reshape the future of benefits technology, aiming for a seamless and intuitive experience for members [5][7]