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Evolution1 to Present Exclusive Webinar on Defined Contribution Model

Evolution1® – the nation’s largest electronic payment, on-premise, and cloud computing healthcare solution – will present an exclusive live webinar this week titled “How the Integration of Healthcare Accounts is Enabling Health Plans and Powering Exchanges.” The complimentary webinar, hosted by Jeff Bakke, chief strategy officer at Evolution1, will focus on how health plans – including those offering defined contribution – can remain competitive amongst ongoing healthcare reform. Together with its Partners, Evolution1 now serves nearly 500 health plans, third-party administrators, financial institutions, and software providers across the country, providing healthcare and other reimbursement account services to more than 75,000 employers and more than 9,000,000 consumers.

Registration for the webinar, which is scheduled to begin at noon CT Wednesday, April 24, is available at www.evolution1.com/healthplan. The webinar will explore a number of topics, including:

  • The revenue opportunity in retaining consumers that might switch to the individual market
  • How Evolution1 Partners are adjusting to the rapid changes in technology, regulations, and market demands
  • What exchange capabilities are important to go-to-market strategies
  • Why consumer engagement and an integrated solution is so important across various tools like defined contribution, exchanges, reimbursement accounts, wellness/lifestyle rewards delivery, and mobile apps
  • Why a single, branded user experience is key for keeping existing customers

“In order to both protect existing health plan group customers and to capitalize on the defined contribution private insurance exchange opportunities in 2014, we need solutions that go well beyond rudimentary enrollment platforms and legacy consumer directed health account solutions,” said Bakke. “To be successful, it is imperative that health plans, third party administrators, financial institutions – and all healthcare Partners, for that matter – decide what their role is going to be and how they are going to participate in insurance marketplaces and provide solutions that deepen the relationship with customers and members.”

Since its introduction last October, 1Plan by Evolution1® – the company’s complete defined contribution solution – has quickly become the solution choice for defined contribution Partners. 1Plan delivers the next generation of consumer directed health in a complete multi-account defined contribution solution. 1Plan supercharges both private and public insurance exchanges with a solution for employers and employees to budget for and select benefits, shop for insurance, and manage premiums and out-of-pocket expenses in a comprehensive, easy-to-use experience. Evolution1 is partnering with dozens of leading organizations that are offering or developing private exchange solutions for employers and their employees.

About Evolution1
Evolution1 and our Partners serve more than 9 million consumers, making us the nation’s largest electronic payment, on-premise and cloud computing healthcare solution that administers reimbursement accounts, including Defined Contribution, HSAs, HRAs, FSAs, VEBAs, PRAs, Wellness, and Transit Plans. Evolution1 is the only solution that offers a single end-to-end user experience, provides innovative auto-substantiation technologies, and automates workflow for Partners, employers, and consumers.

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