Connecture Adds Consumer Directed Health, Premium Billing to Suite of On Ramp Broker Exchange Services

BROOKFIELD, Wis., May 11, 2016 (GLOBE NEWSWIRE) -- Connecture, Inc., a provider of web-based information systems used to create health insurance marketplaces, today announced the addition of Consumer Directed Health (CDH), including HSA/HRA/FSA account management and premium billing to its suite of broker and multi-carrier exchange services. The services will be powered by healthcare financial technology platform provider WEX Health (formerly Evolution1 – a WEX Company).

“What sets WEX Health apart from the competition is its single end-to-end user experience,” said Doug Schneider, President and Chief Product Officer of Connecture. “We are excited to offer technologically advanced CDH administration software and benefits card, as well as premium billing, to our On Ramp clients. This is the first of several partnerships we are embarking upon to build a robust ecosystem of integrated best-in-class technology providers to expand our offerings to meet the growing demands of our agent and broker clients for a comprehensive solution. We look forward to a long and rewarding relationship with WEX Health, the industry leader.”

“Connecture has built a powerful reputation by delivering on its mission to provide its customers with the platforms required to operate highly effective health insurance exchanges and online marketplaces that help Americans live healthier and happier lives,” said Jeff Brunsberg, chief market officer at WEX Health. “It is an honor to build a relationship with them.”

About Connecture
Connecture (NASDAQ:CNXR) is a leading web-based consumer shopping, enrollment and retention platform for health insurance distribution. Connecture offers a personalized health insurance shopping experience that recommends the best fit insurance plan based on an individual’s preferences, health status, preferred providers, medications and expected out-of-pocket costs. Connecture’s customers are health insurance marketplace operators such as health plans, brokers and exchange operators, who must distribute health insurance in a cost-effective manner to a growing number of insured consumers. Connecture’s solutions automate key functions in the health insurance distribution process, allowing its customers to price and present plan options accurately to consumers and efficiently enroll, renew and manage plan members.

Media Contact: Carolyn Edwards ReviveHealth Phone: 615-760-3681