Columbus, Ga., July 31, 2013–TSYS Healthcare, a leader in multi-purse benefit card processing, recently introduced innovative and market-leading card functionality for Health Reimbursement Arrangements (HRAs), a key component of the consumer-directed healthcare (CDH) space. TSYS’ enhanced HRA functionality, coupled with technology-leading Web services capabilities, brings a complete, real-time HRA solution to the benefit market.

With the implementation of the Affordable Care Act, employers and administrators must look for ways to provide new healthcare coverage options while reducing overall healthcare and administrative expenses. TSYS Healthcare’s new HRA functionality accomplishes both of these objectives by providing debit card access to HRA plans and incorporating a TSYS Healthcare Partnership Model for revenue sharing.

“The true cost of HRA administration lies in the cumbersome process of claims submission and reimbursement. We can greatly reduce this cost and add value to your client offerings by implementing a card program for your HRA plans,” said Trey Jinks, group executive, TSYS Healthcare. “Additionally, TSYS Healthcare’s Partnership Model generates income for administrators from HRA and other benefit card activity to offset administrators’ seemingly ever-increasing costs. This helps turn what was once an administrative cost into an income-generating opportunity while providing the convenience of a healthcare debit card.”

Traditionally, benefits administrators have struggled to provide a debit card option to most HRA members due to the complex and customized nature of HRA plans. TSYS Healthcare realized this challenge and has developed a comprehensive solution that allows benefits administrators to provide debit card access to virtually all HRA plans.

This enhanced functionality will allow benefits administrators to:

• Track out-of-pocket (OOP) expenses at an “individual” or “family” level while preventing access to HRA funds on the debit card until the OOP amount has been satisfied.
• Track HRA utilization at an “individual” or “family” level as needed, or after the OOP amount has been satisfied.
• Define authorization rules at allowable locations for:
  • Fixed dollar-amount transactions, such as co-pays (Ex: $5, $15, $30)
  • Transactions that fall within a certain dollar range (Ex: Min. $1 – Max. $50)
  • Percentage authorizations from 0-100%
• Authorize transactions at varying percentages based on tier level (i.e. First tier pays $0 to $500 at 50%; Second tier pays $501 to $2,500 at 80%)

About TSYS Healthcare

TSYS Healthcare, based in Columbus, GA, was created as a division of TSYS in 2007 to provide end-to-end solutions tailored to the emerging market of consumer-directed healthcare. TSYS Healthcare is a founding member of the Special Interest Group for IIAS Standards (SIGIS), formed in 2007 to enable real-time, auto-substantiation for eligible medical items purchased with a FSA/HRA payment card. The division provides financial institutions, insurers, participants and third-party administrators (TPAs) with the expertise and support to navigate all aspects of health savings accounts (HSAs), health reimbursement accounts (HRAs), flexible spending accounts (FSAs), parking/transit accounts, wellness benefits and rewards. Its processing model enables consumers to use a single card to access their healthcare dollars.

About TSYS

At TSYS, (NYSE: TSS), we believe payments should revolve around people–not the other way around. We call this belief “People-Centered Payments℠.” By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend, a TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.

TSYS’ headquarters are located in Columbus, Georgia, with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS provides services to more than half of the top 20 international banks, and has been named one of the 2013 World’s Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website, for more please visit us at http://www.tsys.com.

Contacts

Cyle Mims
TSYS Media Relations
+1.706.644.3110
cylemims@tsys.com

Shawn Roberts
TSYS Investor Relations
+1.706.644.6081
shawnroberts@tsys.com