Xerox Corp. has launched the BenefitWallet online portal designed to provide employers and health insurance providers with a single platform for managing multiple health accounts.
BenefitWallet works with current benefit management applications to enable health plans to provide benefits, including savings accounts, reimbursements, spending accounts and wellness incentives, Xerox said May 9.
“Tax-advantaged accounts provide savings that offset health expenses for individuals, since funds are contributed to these accounts on a pre-tax basis,” said Gregg Larson, Xerox senior vice president and managing director for Healthcare Consumerism.
The online portal integrates health spending accounts to help employers enhance account enrollment, coordinate services and centralize funding and management.
Account holders can also use BenefitWallet via online and mobile devices to customize their accounts when accessing them through their employer or health plan.
The portal links health care costs to claims history to help individuals view and pay all providers for claims of family members, Xerox said.