Tango Health, the premier provider of Health Savings Account (HSA) management software and services, today announced the launch of the HDHP+HSA adoption accelerator that helps employers dramatically improve their employees’ adoption of high deductible health plans (HDHP) and health savings accounts (HSA). Tango’s HDHP+HSA adoption accelerator addresses the concerns of employees with a powerful set of educational tools that include a customizable health plan comparison application, that works on smartphones, tablets and desktops, online educational webinars and videos and HSA tools that eliminate the confusion and barriers to adopting HDHPs+HSAs.
“We made a concerted effort to make sure employees and their spouses understood the benefits of the program. Health insurance and Health Savings Accounts can be confusing and difficult to understand,” said Travis Rosenberg, Assistant Director of Human Resources for Southern Utah University. “Working with the Tango Health team was instrumental in breaking down those barriers by clearly communicating the benefits of signing-up for the HDHP+HSA and getting employees excited about their HSAs.”
“We continue to collaborate and work closely with our customers to deliver innovative solutions to their consumer-directed health care challenges,” said Duncan Van Dusen, Co-Founder and CEO of Tango. “The results of our efforts have been transformational for our customers. They’re now able to offer Health Savings Accounts that employees actually want, use, and tell their co-workers about – creating a viral effect and driving adoption.”
The Tango HDHP+HSA adoption accelerator utilizes interactive technology that helps all decision makers in the household easily participate and collaborate on the best health benefit decision for their family. The Tango Health Plan Comparison Application is customized with the employer’s specific health plans and dramatically improves the employee decision making process. The Tango Health Plan Comparison Application is a highly effective, interactive web-based tool that helps employees input their health consumption scenarios and then provides them with a side-by-side comparison of the financial impact of the health plan options, showing premiums, out-of-pocket costs, tax savings, and employer contributions all in one place. This approach frequently leads to “ah-ha” moments for employees when they realize that the HDHP+HSA plan will provide them with the same quality health care for a lower cost.
Clients using the application have seen 80-90% of their employees utilize the resources as a part of their decision making process and spend on average 30 minutes reviewing multiple scenarios and using the educational features to learn more about their health plan choices.
About Tango Health
Tango Health delivers innovative software and service solutions that help employers comply with the affordable care act (ACA) as well as reduce the total cost of health benefits. Tango’s solutions include an affordable care act compliance suite, HSA program administration, health savings accounts and an HSA adoption accelerator. Employers that are focused on managing or reducing their health benefit costs have come to rely on Tango because its patented, and industry leading management software and services. Tango delivers HSA programs that employees want and use and HR departments love. To find out more about Tango, visit www.tangohealth.com or call 855-468-2646.
Jeff Fugitt, 512-653-8295