MedDirect Health Benefits, a provider of financing to patients seeking affordable ways to pay for healthcare procedures, has announced a strategic partnership with 1Point Solutions, a third party administrator in Dickson, Tennessee.
"MedDirect HSA Plus" offers a full range of other services necessary to administer HSAs.
Central to "MedDirect HSA Plus" is a savings account established with Bancorp Bank that offers superior interest rates, mutual funds and FDIC/SIPC protection, as well as overdraft protection offered through the MedDirect Bridge Line. This overdraft protection is an employer-sponsored benefit, and is available to all employees regardless of their creditworthiness.
The partnership with 1Point Solutions helps to enhance a key element of "MedDirect HSA Plus" - the Bridge Card, a smart debit MasterCard that can be used at the point-of-sale by subscribers for all HSA-eligible expenses.
A presentation on MedDirect HSA Plus
(PPT) is available for downloading from the company's website.