As the healthcare industry shifts
and consumers take on more payment responsibility,they are also embracing the opportunities that have come with legal and regulatory changes.The same regulations that have opened up new avenues for consumers have also createdan exciting market for ﬁnancial institutions, insurers and TPAs.
| Business Segment Overview
To answer the needs of the emerging world of healthcare processing, TSYSHealthcare was created in 2007 as a division to develop and market paymentsolutions that capitalize on the opportunities available for ﬁnancial institutions,insurers, participants and TPAs. TSYS Healthcare cards offer participants thesecurity they expect along with the ability to conveniently access funds frommultiple accounts. Likewise, insurers, ﬁnancial institutions and TPAs beneﬁtfrom reduced paperwork, simpliﬁed processes and cost savings. We are thelargest processor of transaction-enabled healthcare cards in the world, and weare eager to help you grow. We are excited to bring this dynamic marketplacethe same venerable innovation, world-class customer service and industryexpertise TSYS has offered to the other segments of the payments industry.
The rising cost of healthcare coupled withconsumers’ desires to be more involved in theirbeneﬁts portfolios has given birth to a new erain healthcare management, where companiescan curtail their costs and participants can wieldmore power.The industry that has resulted from thesetrends has gained additional momentum asgovernment regulations have provided evenmore traction, allowing consumers to utilize tax-free dollars to pay for medical services througha variety of tax-advantaged (or pre-taxed)accounts, such as HSAs, HRAs and FSAs.And as these accounts become more popular,credit and debit cards are fast becoming thepreferred choice for payments. Participantsare increasingly using plastic to manage theirco-payments, deductibles and medications forone or more of their accounts, as well as theadditional support from lines of credit (LOCs).To successfully function, healthcare cards mustperform as more than just beneﬁt cards. Theyare quickly becoming ﬁnancial products in theirown right. Today’s fast-paced, evolving marketmandates that healthcare cards access multipleaccounts and function as debit, prepaid andcredit cards
all with a single piece of plastic.That functionality and ﬂexibility is exactly what youcan offer your clients with a TSYS Healthcare card.Participants enjoy the security, ease andconvenience of accessing their funds andmonitoring their activity from multiple accounts
FSAs, HSAs, HRAs and LOCs
with asingle card. Likewise, ﬁnancial institutions,insurers and TPAs beneﬁt from signiﬁcantlyreduced paperwork, simpliﬁed processes andcost savings.When you reward your participants with a TSYSHealthcare card, they enjoy the beneﬁts of truespending power without hassle. Accepted atthe millions of locations where MasterCard andVisa are welcomed, a TSYS Healthcare cardremoves the nuisance of having to carry multiplecards, giving your clients peace of mind whenthey most need it. Watch your portfolio take off when you raise the bar and match the ﬁnancialadvantage of healthcare accounts with this levelof usability.Our menu enables you to offer the mostcomprehensive suite of services today andconsider the possibilities for tomorrow.
We are pleased to offer:
• Stacked card with multiple purses, includingHSAs, HRAs, FSAs (health, limited-purpose,dependent care), parking and transit, andLOCs
all with single-card access