A New Way to Capture BIG Savings on Medical Expenses
Unlock $1500 or more per employee today!
VISION
NewPayHealth enables you and your employees to recover tax savings on old medical bills, then maximize future health savings, and optimize participation in health plans.
NewPayHealth is an AI-powered technology platform that saves employers and employees money on medical expenses by leveraging the power of Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs) in a new way.
OUR PRODUCT
NewPayHealth Delivers Enhanced Benefit to Employees with HDHPs
Benefits Employees That:
Haven't had enough disposable income to fund their HSA account
Have been paying out-of-pocket for co-pays and deductibles
NewHealthPay offers employees the opportunity to retroactively catch up on health cost reimbursement, lowering tax burden while driving higher job satisfaction and employer loyalty.
NewPayHealth Delivers Huge Economic benefits
Big savings to companies and employees
Average cash reimbursement of over $1200 per eligible employee
Companies save on average $300 per eligible employee
40% of employees do not take advantage of HSA plans offered by employers. As a result, many end up paying out-of-pocket with post tax dollars to cover unexpected healthcare costs. NewPayHealth retroactively processes up to 10 years of medical bills and can simplify enrollment and contributions for eligible employees into HSAs moving forward, maximizing future healthcare savings.
NewPayHealth is the new, AI-driven way to save on medical expenses
There's a lot of data to analyze
Our AI engine can uncover reimbursable medical expenses going back ten years.
Companies with 800 employees can save over $1 Million in the first year alone.
It would take a team of people months to find and process all of the lost savings if they had to review ten years of healthcare records manually. Using our proprietary API architecture and next generation AI engine, NewPayHealth can analyze the data and process your payroll automatically to not only recoup lost savings, but also drive continued value into the future. Give your employees a benefit that will put more money in their pockets and create more loyalty to the company.
How Does NewPayHealth Work?
