Simplee to Provide ACS|The HSA Solution Members With Integrated Online Claim Tracking and Payment

PALO ALTO, CA--(Marketwire - May 24, 2012) - Healthcare expense management platform Simplee today announced it is providing the Simplee platform to all ACS|The HSA Solution members.

ACS|The HSA Solution is one of the leading HSA administrators with more than 800,000 HSA accounts. "Simplee provides HSA Solution members with a straightforward and easy-to-understand service for tracking and paying medical bills," said Bart Creedon, ACS|The HSA Solution. "We believe the service improves consumers' understanding of their consumer-directed health plans and enables them to take charge of their healthcare expenses."

Simplee makes it easy to manage and pay medical claims and bills online. Through a single sign-on, co-branded Simplee portal, ACS|The HSA Solution members can access an end-to-end online medical expense management system that allows them to track, review and then pay medical claims and bills from all insurance related providers, including health, PBMs (pharmacy benefit management), dental, and vision insurance carriers. In addition to plain language benefits and claims explanations, members receive medical support notifications from Simplee that highlight medical deductible usage, historical spend for open enrollment decisions, and alerts for medical billing errors.

"HSAs and consumer directed health plans are one of the fastest growing health insurance products on the market," said Tomer Shoval, CEO and co-founder of Simplee. "We are excited to partner with ACS|The HSA Solution because we can now manage every healthcare transaction through one platform -- making it easy and effortless for members to better manage and pay their healthcare financials. With Simplee, there is no need to worry about paper bills or receipts."

Since its launch in 2011, Simplee has helped members manage nearly half a billion dollars in medical expenses across hundreds of thousands of medical providers. These members are highly engaged, with more than 65% returning to the platform on a regular basis. Those members using Simplee's online bill payment solution pay an average of more than $1000 per year in medical claims through the platform. The company currently supports insurers who cover 80% of the U.S. market.

For more information on Simplee and how to take control of your health care expenses please visit http://www.simplee.com. For information on partnering with Simplee, please contact Chris DeNoia at chris@simplee.com.

About Simplee

Simplee is a privately held company that empowers consumers to take control of their health care expenses. The free, web-based service helps users better understand and manage their health care expenses, and identify ways to save money and find better care at lower costs through an easy-to-use, simple dashboard with a set of powerful customization tools. The company is located in Palo Alto, California, and maintains a development center in Israel. For more information visit: http://www.simplee.com.