Healthfirst Launches Partnership with Medagate Corporation to Offer the OTC Network Card Plan
NEW YORK, NY,February 23, 2012 – Healthfirst, a not-for-profit managed care organization that offers low or no-cost health insurance, announced its partnership today with Medagate Corporation using their OTCNetwork™ Card Plan benefit. The pre-paid card offers Healthfirst Medicare Advantage members a convenient solution for purchasing over-the-counter (OTC) items at leading retailers and easy access to their self-care benefits.
The benefit card is an effective alternative for Medicare Advantage members, allowing them to save money instead of having to pay out-of-pocket for OTC products then seek reimbursement for their purchase. It also provides in-store pickup of items versus ordering online which can take up one week for delivery. The card has a monthly limit and is accepted at local retail pharmacies including CVS, Duane Reade, Rite Aid and Walgreens. It is also accepted at Family Dollar and Dollar General stores.
“This partnership with Medagate Corporation allows Healthfirst to provide a convenient solution for our members’ over-the-counter needs,” said Pat Wang, Healthfirst President and CEO. “This added benefit reinforces our commitment to ensuring member satisfaction and effective customer service.”
For more information about the Medagate OTCNetwork™ Card Plan, please visit www.otcnetwork.com.
About HealthfirstEstablished in 1993, Healthfirst is a not-for-profit managed care organization that offers low or no-cost health insurance to eligible individuals and families living in the New York metropolitan area and New Jersey. It provides a variety of government-sponsored health insurance programs, including New York State's Child Health Plus, Family Health Plus, and Medicaid, as well as Medicare Advantage. The Healthfirst family of companies includes Healthfirst in New York, Healthfirst NJ in New Jersey, and Senior Health Partners (SHP), a managed long term care plan serving Medicaid-eligible clients in New York City. For more information, visit the company's websites at www.healthfirst.organd www.healthfirstnj.org.
About Medagate and the OTCNetwork™
The OTCNetwork™ is owned and operated by Medagate and is currently integrated into Point-Of-Sale (POS) terminals at over 20,000 retail locations in all 50 states. Medagate partners with leading health plans and state governments to enable Medicare Advantage and State Medicaid programs to provide more efficient access and use of OTC item benefits. OTC Medicare Network™ re-loadable prepaid cards are the first to restrict usage exclusively to OTC Medicare and OTC Medicaid benefits eligible items. For information on OTCNetwork, please visit: www.otcnetwork.com. Medagate is a wholly owned subsidiary of InComm Holdings, Inc.
InComm is an industry leading marketer, distributor and technology innovator of stored-value gift and prepaid products using its state-of-the-art point-of-sale transaction technology and payment solutions to revolutionize retail product sales and customer experiences. With approximately $15 billion in retail sales transactions processed in 2011, InComm is the nation’s largest provider of gift cards, prepaid wireless products, reloadable debit cards, digital music downloads, content, games, software and bill payment solutions. InComm partners with consumer brand leaders around the world to provide approximately 250,000 retail locations the products and services their customers demand. Since 1992, InComm's patented technologies have made the buying process easier for consumers, while streamlining the selling process for product and retail partners. InComm is headquartered in Atlanta with offices in Australia/New Zealand, Brazil, Canada, Japan, Mexico, Puerto Rico, the United Kingdom, Arkansas, California, Colorado, Florida, Georgia, Illinois, Minnesota, Oregon, Tennessee, Utah and Wisconsin. To learn more about InComm, visit www.incomm.comor call (800) 352-3084.