|[January 29, 2013]
Evolution1 Card Program Named Winner in Paybefore Awards
MINNEAPOLIS --(Business Wire)--
has been chosen by Paybefore as a winner in its 2013 Paybefore Awards in
the Best Benefits Distribution Card Program category. The Paybefore
Awards, now in their seventh year, are the most prestigious recognition
of excellence in the worldwide prepaid and emerging payments industry.
The winning card program, Evolution1 Card Program for Taft-Hartley Trust
Funds, was chosen from a record number of entries from around the world.
It enables union members to have a convenient, consumer-friendly card to
access their health reimbursement account (HRA) pre-tax funds to pay for
their current health care expenses. Using the card, members do not have
to pay upfront and wait for reimbursement; they can choose to save the
funds to accumulate for their retiree health care expenses.
"We're honored to be named a Paybefore winner for the second consecutive
year," sai Jeff
Young, chairman and CEO of Evolution1. "In the ever-changing
landscape of consumer healthcare, our commitment has remained steadfast:
to reduce costs and simplify the business of healthcare. The Evolution1
Card Program for Taft-Hartley Trust Funds does just that, and our
Partners are to be commended for their innovation and leadership as
related to the program."
"Paybefore Awards were created to honor the companies and individuals
that are at the forefront of innovation as well as successful market
implementation across the globe," said Loraine DeBonis, Paybefore
editor-in-chief and chair of the judging panel. "It's a dynamic time in
electronic payments as companies like Evolution1 continue to innovate to
solve payments problems."
The Evolution1 Card Program for Taft-Hartley Trust Funds will now vie
for Best-in-Category distinction; votes can be cast at www.paybefore.com.
Evolution1 and our Partners serve more than
8 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. It 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. Learn more at www.evolution1.com.
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