Medical Mutual of Ohio to Offer Quicken Health Expense Tracker
New Online Tool for Simplifying and Organizing Health Care Information Available to 1.6 Million Members
Formerly named Quicken Health, Quicken Health Expense Tracker is an online tool that will be available at no extra cost to Medical Mutual members, helping them organize, understand and efficiently manage their medical claims and bills.
"Medical Mutual continues to be a leader in customer service," said Bob Mau, Medical Mutual vice president of eBusiness. "Offering Quicken Health Expense Tracker is another cutting-edge tool that will promote more cost-informed choices and greater satisfaction among our members."
The Quicken Health Group is working with Ingenix, a leading health information technology company, to design Open Medical Exchange, or OMX, the technology that will enable health plans to share health care benefits and expense information with consumers, in compliance with industry security and privacy regulations.
Expected to be in market by the end of this year, Quicken Health Expense Tracker has performed well in recent real-world consumer tests. Results overwhelmingly confirmed that the product addresses consumers' most important health care financial concerns, including knowing what to pay and why, providing insight into health care spending, helping find and fix errors, and making tax time easier. Overall, product users reported increased confidence in their ability to manage their health care expenses, make better decisions and know what to do next.
Crystal Foust, from Virginia Beach, Va., had an experience typical of many first-time users. "I love it!" she said. "Quicken Health Expense Tracker helps me manage my health care costs, see everything in one place and just makes it less overwhelming. It's a breath of fresh air and I can't wait for the final product."
The addition of Medical Mutual and the successful user test are a few of the many significant milestones that Intuit is reaching as it moves closer to bringing this new product to market.
"The addition of Medical Mutual of Ohio to the growing list of health plans scheduled to offer Quicken Health Expense Tracker is very exciting," said Peter Karpas, senior vice president and general manager for Intuit's Quicken Health Group. "Our goal is to fundamentally change the way people manage their health care, and it starts with forward-thinking plans like Medical Mutual."
About Intuit Inc.
Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax® software, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation software suites for professional accountants. The company's financial institutions division, anchored by Digital Insight, provides on-demand banking services to help banks and credit unions serve businesses and consumers with innovative solutions.
Founded in 1983, Intuit had annual revenue of $2.67 billion in its fiscal year 2007. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom and other locations. More information can be found at www.intuit.com.
About Medical Mutual of Ohio
Founded in 1934, Medical Mutual of Ohio is the oldest and largest health insurance company based in Ohio. The company serves its customers through high-quality, affordable group and personal health insurance plans, and third-party administrative services to self-insured group customers. Based in Cleveland, Medical Mutual also has offices in Columbus, Cincinnati, Toledo, Akron, Dayton and Youngstown. For more information, visit the company's award-winning Web site at www.MedMutual.com.
Ingenix, a wholly owned subsidiary of UnitedHealth Group (NYSE: UNH), transforms organizations and improves health care through information and technology. Organizations rely on its innovative products, services and consulting to improve the delivery and operations of their business. More information about Ingenix can be obtained at http://www.ingenix.com.
Intuit, the Intuit logo, Quicken and Quicken Health Expense Tracker, among others are trademarks, service marks, registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.
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