MINNETONKA, Minn., July 7, 2011 — Vanco Services, LLC announces the launch of several enhancements to e.service® Fitness Rewards®, the company's popular program used by many employers, insurers and wellness companies to reimburse a portion of health club dues to health plan members who meet minimum monthly workout requirements.
Vanco, a premier provider of electronic payment solutions, originally introduced e.service® Fitness Rewards® as an efficient, electronic way for health insurers to verify the number of monthly health club visits by health plan members and then to reimburse eligible members with a direct deposit to their bank account. At the heart of the service is a secure online reporting system where thousands of health clubs currently submit member workout data every month. Collecting data in this manner — from the club rather than through self-reporting — eliminates potential errors and abuse. In addition to providing the secure technologies for recording workouts and disbursing payments, Vanco also manages all aspects of the relationship with participating health clubs. This allows health plan and wellness company clients of Vanco Services to quickly implement high-quality fitness reimbursement programs without the expense of soliciting and managing their own network of health clubs.
Enhancements to e.service® Fitness Rewards® provide both health plans and health members with a more robust experience. Now, in addition to capturing monthly club visits, companies will have the flexibility to add new data elements of their own choosing and generate new custom reports in their preferred format. Also, in the new version, plan members will have access to a richer set of online tools for locating participating clubs, enrolling in programs and directing reimbursements to the account of their choice.
As a PCI Level 1 Compliant Service Provider, Vanco has protections in place for member data that are consistent with the strictest HIPAA requirements for handling personal health information.
"Fitness reimbursement programs continue to gain popularity as a way to promote and improve employee health," said Casey O'Keefe, Vice President Marketing and New Product Development for Vanco Services. "But since no two health plans are exactly alike, our system enhancements have been designed to accommodate a wide range of requirements from a growing roster of clients."
Vanco Services, LLC, is a financial technology company that processes electronic transactions for more than 17,000 businesses and organizations. Under the e.service® brand, Vanco offers several proprietary Web-based electronic payment solutions. Vanco is a PCI (Payment Card Industry) Level 1 Compliant Service Provider. http://www.VancoServices.com
For more information, contact:
Laura Povolny
Marketing Specialist
Email
800-774-9355 x504
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