SmartHealth PayCard, LLC ™ (SHPC), a healthtech payment arrangements pioneer, today reported a vendor association with BenefitHub to make its SHPC Mastercard® accessible as a feature of BenefitHub's marketplace of representative advantages and limits.
A huge number of representatives working for associations going from new businesses and non-benefits to the world's biggest traded on an open market organizations use BenefitHub to get to a large group of monetary and wellbeing benefits just as limits that on normal assistance them spare $4,900 per year on a wide scope of shopper items and administrations.
BenefitHub clients will have the option to apply for the SHPC Mastercard through the BenefitHub entrance. After an endorsement cycle that takes minutes, cardholders will get prompt admittance to a spinning credit line of somewhere in the range of $3,000 and $30,000 to pay for normal, preventive, critical, crisis and elective healthcare; integral and elective medication; dental, vision and veterinary consideration; and a wide scope of other wellbeing related administrations and costs. Different advantages remember 85 percent reserve funds for solutions at drug stores across the country, $5,000 in Accident Medical Expense inclusion and $5,000 in Accidental Death protection.
SmartHealth PayCard is likewise a significant security net that can be utilized to deal with cash based costs when medical coverage charges, deductibles and coinsurance costs keep on rising. As per the KFF 2020 Employer Health Benefits Survey, the normal medical coverage expense cost paid by workers for family inclusion has expanded almost 40% over the previous decade. Over a similar time period, the normal single inclusion yearly deductible has developed by 79 percent.
“Employees are shouldering a much greater share of the cost of their healthcare to the point where it’s putting care out of reach for many,” said SHPC co-founder Jeff Blankinship. “We’re pleased to be part of the BenefitHub marketplace to help millions of workers bridge the gaps in their insurance coverage and get the care they need when they need it.”
About SmartHealth PayCard, LLC
SmartHealth PayCard is committed to providing financial solutions to simplify and make healthcare affordable. We seek to introduce transformative change to healthcare that benefits patients, healthcare providers and society at large.
About BenefitHub
BenefitHub is the world’s largest and most popular benefits portal, providing a wide range of relevant benefits and discounts to tens of millions of employees via a flexible, no-cost web-based platform. Today, more than 10,000 companies in nine countries, as well as hundreds of associations, hospital systems, non-profits and government entities use BenefitHub.