Sorry,must have put in wrong link.
Here is the text i was reffering to:
CHICAGO, August 14, 2006 -- Shawnee Administrative Services, LLC, a leader in defined benefit and defined contribution plan administration, announced today that it has selected HealthDirectSM from Canopy Financial, a leading provider of financial technologies that power consumer-driven healthcare products and services for health insurers and financial institutions, to power an innovative suite of Health Savings Account (HSA) solutions.
Shawnee Administrative Services, LLC has been a leader in Health Savings Account administration since 2004. Shawnee has chosen Canopy Financial’s HealthDirect to meet the needs of its customers. Shawnee will begin offering turnkey HSA administration and HSA investment services to employers, advisors, brokers, insurance carriers, and financial institutions on August 21, 2006.
“After a careful evaluation of technology solutions that could support our HSA product vision, it was clear that Canopy Financial was beyond compare,” said Randy House, President of Shawnee Administrative Services, LLC. “In the process of designing a world-class suite of HSA administration services for our clients, we found a world-class financial management platform to power it all - HealthDirect.”
“As a forward-thinking organization, Shawnee Administrative Services endeavors to offer a truly differentiated suite of HSA products and related services,” said Vik Kashyap, Chairman and Founder of Canopy Financial. “HealthDirect will allow Shawnee to enter this market quickly and profitably, while providing the foundation for future product and service enhancement.”
Shawnee’s HSA solution includes multi-channel customer service, custodial and investment account record-keeping, eligibility verification, line of credit management, and expense substantiation.
About Shawnee Administrative Services
Shawnee Administrative Services, LLC is a leader in defined benefit and defined contribution plan administration. Serving several large client organizations, Shawnee’s solutions include Flex Spending, Health Reimbursement, Health Savings, and COBRA administration. For more information, please visit our web site at
www.sas105.com or call 1-888-556-2900.
About Canopy Financial
Canopy Financial provides innovative technology solutions that address the convergence of healthcare and financial services. Serving a diverse range of healthcare, financial services, and technology clients, Canopy empowers the development and delivery of branded, best-in-class consumer-driven healthcare products and services through its market-leading offerings, including HealthDirectSM, HealthDirect InvestmentsSM, HealthDirect Bill PaySM, CardLinkSM, HSA MarketplaceSM, and HealthScoreSM. Canopy syndicates its Health Savings Account thought leadership and domain expertise through its portal HSA Insider (
www.hsainsider.com), a leading online resource regarding Health Savings Accounts. Canopy maintains offices in Chicago and New York. For more information, please visit our web site at
www.canopyfi.com or call 1-866-960-4700.