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Online tool is latest addition to UnitedHealthcare’s innovative
programs and services
UnitedHealthcare, a
UnitedHealth Group (NYSE: UNH) company, is expanding the
availability of Quicken Health
Expense TrackerSM to help nearly 700,000 of its
commercial health plan enrollees nationwide better manage their
health-related finances and information.
Developed by Mountain View, Calif.-based Intuit
Inc. (Nasdaq: INTU) and UnitedHealth Group’s Ingenix
subsidiary, Quicken Health Expense Tracker helps consumers organize and
understand their health care financial information in a simple, clear
way that will help them make more informed decisions about their medical
expenses.
Following a successful pilot program, UnitedHealthcare is now offering
employees of select large-business customers access to Quicken Health
Expense Tracker and expects to make it available to more than 20 million
commercial health plan participants by year end.
“We are making it easier for consumers to manage their health-related
finances at a time when these individuals are taking more ownership of
their health care decisions,” said Mike Matteo, CEO of
UnitedHealthcare’s national accounts business that serves large
employers. “With this ownership comes a greater need for decision-making
tools that help consumers simplify how they collect, manage and
understand their health care expenses. Quicken Health Expense Tracker
enables users to translate the oftentimes fragmented components of their
health care costs into more transparent, usable information.”
Intuit’s own research with more than 7,800 consumers found that people
are often overwhelmed by the paperwork associated with receiving medical
care.