Page 18 - Pay Magazine s2014

paybefore awards
Best BenefIts delIvery - tIe
Best use of a government-, business- or corporate-funded prepaid card to deliver employee or government benefits/refunds, such as transit plan benefits, tax refunds or nontraditional health care benefits.
Citi Flu Care
Citi Prepaid Services partner: Visa
what it is: Card-based flu vaccination solution where providers only pay for vaccines that are administered.
where you get it: Employers and insurance companies distribute cards to employees and beneficiaries.
why it works: Citi Flu Care directs individuals toward the more convenient and lower-cost retail channel—23,000+ CVS/pharmacy, Walgreens, Duane Reade, Rite Aid, Publix, Kroger and Little Clinic pharmacies—for redemption at significant cost saving over traditional providers.
why it matters: Card improves access to and quality of care for beneficiaries. Individuals have greater control over health care with no out-of-pocket cost, claims or co-pays, while employers reduce costs and improve produc- tivity as more employees are vaccinated.
differentiators: A unique vaccine payment product that utilizes patented technology to restrict spend capabilities to approved flu vaccines. The pharmacy transmits the appropri- ate flu shot SKU using the Visa network private- label rails to authorize the transaction.
what the judges said: Elegant payment technology solution solves a real-world problem—fighting the flu—by enabling benefit payments at local retail locations that make it easy for employees to get their flu shots and improves the economics for employers.
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