Maxwell Health Partners with Discovery Benefits to Streamline Section 125 Product Administration

BOSTON, March 9, 2015 /PRNewswire/ -- Maxwell Health has chosen to partner with Discovery Benefits, a third-party benefits administrator serving all 50 states. The variety of products offered by Discovery Benefits combined with Maxwell Health's innovative, first-of-its-kind Health as a Service platform have come together to transform the way people select their benefit options during enrollment and use them all year round.

Americans spend hundreds of billions of dollars every year on employee benefits that are hard to understand and even harder to use, and companies manage benefits with outdated technologies. Maxwell is on a mission to empower people to take charge of their health and benefits with a simple, intuitive platform that unifies the benefits experience for consumers and employers alike. Maxwell is an end-to-end operating system for benefits that includes a marketplace, a comprehensive benefits administration system, and a mobile platform where employees access everything benefits-related, navigate the healthcare system, and manage their health and wealth. The platform features a beautiful user interface and an intuitive, lifestyle-based system that bundles benefits based on employee lifestyles for simplified, personalized benefits enrollment.

Employers can offer all lines of insurance, including both fully- and self-insured medical insurance, and individual products from the state and federal exchanges, dental, vision, life, short and long-term disability, along with financial benefits such as 401(k) and HRA/HSA/FSA from Discovery Benefits. These are combined with other innovative best-in-class products and services, including Doctor on Demand for telemedicine, Care.com for child care services, Health Advocate for concierge services, HelloFresh for healthy meal delivery, identity theft protection from ID Watchdog, prescription optimization from RXREVU and biometric screening from BioIQ.

Maxwell leverages data from these products and services to provide more informed solutions to employees through a mobile app available on iOS and Android. The app includes a virtual insurance ID card for access to benefits and wellness information 24/7, and a turnkey wellness program streams in data from market-leading fitness devices from Fitbit and Jawbone for contextualized, relevant feedback.

Maxwell works with these partners and insurance carriers nationwide to provide data connectivity to simplify benefits enrollment and ongoing changes. Integrations with payroll vendors such as and Human Capital Management software companies including BambooHR and SilkRoad make it easy for companies to keep their current HR and payroll setup, while using Maxwell for health and benefits.

As a preferred partner for administrating flexible spending accounts (FSAs), health savings accounts (HSAs), health reimbursement arrangements (HRAs), transportation spending accounts (TSAs), and incentive accounts, Discovery Benefits and Maxwell Health will revolutionize the process of managing benefits — from enrollment to claims submission and payment.

Matt Feir, Chief Sales and Marketing Officer at Discovery Benefits, said the partnership with Maxwell Health will greatly enhance how clients experience the benefits enrollment process. "We are excited to work with Maxwell Health on our mutual goal of enhancing our clients' user experience."

Discovery Benefits has recently been recognized for its continued growth, as evidenced by its second consecutive appearance on the Inc. 5000 list of fastest-growing private companies in America, and for its outstanding culture, which has landed the company the honor of being ranked one of the Best Places to Work by Business Insurance magazine for five consecutive years. It's a company that values its employees and demonstrates it by hosting frequent appreciation events and having a fun office atmosphere as well as by promoting professional growth in its staff. The company firmly believes that happy employees make for happy customers, and excellent customer service is always their top priority.

That dedication to excellent customer service is why the partnership between Discovery Benefits and Maxwell Health is so important. Offering a versatile package of benefits options that can be made available on an easy-to-use platform makes for a positive customer experience that takes the complexity out of benefits administration.

"Discovery Benefits has an exceptional team, a great technology, and awesome customer service behind the scenes," said Veer Gidwaney, CEO and Co-Founder at Maxwell Health. "Our partnership makes it easy for employers across the country to set up any HSA/FSA/HRA or commuter benefits strategy and automate the entire process. It's now easier than ever to connect these accounts with other products and services a member would access through Maxwell. We're very excited about this partnership and integration."

SOURCE Maxwell Health

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