MINNEAPOLIS -- Wolters Kluwer Financial Services is now offering a Health Savings Account management solution that financial institutions can offer their commercial and retail members and customers.
Called HSA Director, the solution automates HSA processes such as eligibility, enrollment, account management, claims submission, reporting, and IRS form filing.
The solution was created in partnership with Canopy Financial, a provider of healthcare banking technology.
The companies combined Wolters Kluwer's HSA compliance documents with Canopy's HealthDirect technology platform to create the solution. Training and marketing also are included.
"Ease and speed of use are both important features to financial institutions looking for an HSA technology solution, but so is its ability to help them remain compliant with regulatory obligations," said Dave Roy, general manager of banking for Wolters Kluwer Financial Services.
--mrapport@sc.rr.com
