jhv1blz5 wrote: The article validated SOA as an IT architecture paradigm that can be leveraged in many ways. Taking data storage, scalability and application performance to a nifty level using SOA Application Grid infrastructure will no doubt enhance data and application performance on Oracle architecture platforms, it also has the promise of a cost effective and efficient IT delivery model. The very benefits of SOA.
CONSHOHOCKEN, PA -- (MARKET WIRE) -- 04/05/07 -- Ecount (www.ecount.com), a Citi company,
today launched the most comprehensive suite of prepaid health care
incentives available. Ecount Health Care Incentives provides insurers,
employers and plan managers with a highly effective solution for
encouraging healthy living.
Domestically, more than $1.8 trillion is spent on health care annually. To
fight rising costs and skyrocketing premiums, many insurers and employers
are looking to drive participation in wellness and disease management
programs -- everything from health risk assessments to smoking cessation to
prenatal screenings.
Ecount Health Care Incentives, a cash reward delivered onto a branded
prepaid Visa® or MasterCard® card, are gaining popularity because of
the results they drive. Unlike checks, gift cards, premium deductions and
other traditional rewards, Ecount Incentives provide a tangible, convenient
reward that provides top-of-mind visibility for health care initiatives.
The program works by motivating healthy behavior, which in turn lowers
health care costs for clients. These savings can then be passed on to the
participant or enjoyed by the client in the form of lower premiums. This is
key for not only attracting participants, but also retaining them. Ecount
Prepaid Incentives can be used for one-time and recurring payments.
"We are excited about the benefit and impact that our Health Care
Incentives Suite can bring to companies to help them address the high cost
of health care," says Matt Gillin, CEO of Ecount. "The industry has long
recognized that financial incentives are the greatest motivator for
behavior, with an estimated $3 in savings for every $1 invested. And there
is no better delivery for financial incentives than Ecount Prepaid
Incentives. With better incentive programs, the industry can save tens of
billions annually."
"Ecount's Healthcare Incentives complement Citi's Cash Management solution
for Health Insurance Carriers and Third Party Administrators," said Amol
Gupte, Managing Director and Head of Citi's North America Cash Management
unit. Citi has had long partnerships with leading providers in the health
care space and has helped them manage their claims and contribution
processing as well as short-term liquidity requirements.
The Ecount Health Care Incentive Suite provides a fully customizable
solution with an extensive communication package and implementation support
to ensure that clients not only deliver the best incentive available, but
also implement the program in a manner that will achieve the greatest
results. Ecount's communication package enables participants to track
progress and rewards, as well as receive ongoing program information, take
quizzes and maximize their program benefits. The Suite includes the Ecount
Wellness Program, Disease Management Program and Pharmacy Benefits.
For more information on the Ecount Health Care Incentive Suite, please
contact Ecount at (877) ECOUNT-1 or sales@ecount.com.
About Ecount
Ecount, a Citi company, provides customized prepaid programs for
corporations looking for a simple, convenient and cost effective way to
deliver payments. Leveraging Citi's extensive payment platform and Ecount's
experience and proprietary prepaid technology, corporations have access to
an unmatched solution that enables comprehensive communication and unique
brand extension, coupled with more immediate, economical payment delivery.
With solutions ranging from incentives to compensation to specialized
rewards, Ecount programs empower corporations looking to influence and
motivate consumers, employees and partners. Over 1,200 leading
corporations, including more than one third of the Fortune 100, rely on
Ecount's prepaid solutions to gain a strategic market advantage.
About Citi
Citi markets and banking is the most complete financial partner to
corporations, financial institutions, institutional investors and
governments in the world. As a global leader in banking, capital markets,
and transaction services, with a presence in many countries dating back
more than 100 years, Citi enables clients to achieve their strategic
financial objectives by providing them with cutting-edge ideas,
best-in-class products and solutions, and unparalleled access to capital
and liquidity.
Citi, the leading global financial services company, has some 200 million
customer accounts and does business in more than 100 countries, providing
consumers, corporations, governments and institutions with a broad range of
financial products and services, including consumer banking and credit,
corporate and investment banking, securities brokerage, and wealth
management. Major brand names under the trademark red arc include:
Citibank, CitiFinancial, Primerica, Citi Smith Barney and Banamex.
Additional information may be found at www.citigroup.com or www.citi.com.