Lucent Health Solutions and Oak River Technologies (OTC:
TDEY) Announce New ACA Health Plan Solution for Individuals
Austin, TX -- October 9, 2015 -- InvestorsHub NewsWire -- Today,
Lucent Health Solutions and Oak River Technologies are pleased to
announce an innovative new solution to provide group-type health
benefits for the families of members of Associations or Unions.
This new Affordable Care Act (ACA) compliant Health Plan Solution
provides spouses and children of individuals all required essential
health coverage, including preventative health services, pharmacy
benefits and access to unlimited physician visits, and avoids ACA
imposed taxes and penalties.
In partnership with Oak River Technologies, Lucent Health
Solutions delivers a health plan that allows a covered workers
spouse and dependent children meet the new ACA requirements to have
minimum essential coverage, all at an affordable price. The new
health plan, called Lucent Health MEC, provides the ACA required
preventative health services access to physicians over the phone or
internet 24 hours a day, seven days a week, and access to many
common prescriptions with co-pays of $0 to a maximum of $20. Oak
River Technologies provides an easy to use benefits platform that
meets all back office requirements, allowing large groups of
individuals (members of Associations or Unions) to now enjoy group
based health benefits.
Oak River Technology, through an innovative partnership with
Lucent Health, was able to develop and deliver a solution as
outlined and thus provide easy benefits process for individual
members of Associations and Unions to quickly get their ACA
compliant benefits. What we have seen is that employees will have
coverage through their employers, but their spouses and dependents
are not able to obtain coverage because the monthly cost is out of
reach for many families budgets. This unique product solution is
easy to obtain and meets all ACA requirements at a very affordable
cost, making ACA compliant coverage available and affordable to far
more hard-working Americans, said Kent Linduff, CEO of Oak River
Technology.
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About Oak River Technology
Based in San Antonio Texas, Oak River Technology has created an
industry changing, unique, cost effective solution for benefits
administration.
This proprietary solution simplifies the process, reduces cost
for all parties and enhances compliance. This solution now allows
access to benefits previously only available through employers and
payroll deduction.
Contact: investorrelations@oakrivertech.com
About Lucent Health Solutions
Lucent Health is the nations most cost effective Healthcare
Risk Management Company. Lucent Health utilizes data in the most
efficient and effective manner to maximize the impact of
aggressive clinical, population and network risk management
solutions, delivering the most affordable health plans for
all employers.
Based in Nashville, TN, the management team brings over 100+
years of experience in the healthcare and transaction
processing industries. Lucent currently manages
health benefits for over 120,000 members and previously
acquired North America Administrators of Nashville, TN and
Capitol Administrators of Rancho Cordova, CA. For more
information please visit www.lucenthealth.com or call Alex Arnet at
612-940-0141 email: alex.arnet@lucenthealth.com.