Benesight, a Fiserv Health Company, Awarded URAC Accreditation for HIPAA Security

November 2, 2005
Benesight, a Fiserv Health Company, Awarded URAC Accreditation for HIPAA SecurityLAKE MARY, Fla.--Nov. 2, 2005--Benesight, a Fiserv Health company, has been awarded URAC accreditation for HIPAA Security. URAC's accreditation program verifies that an organization has implemented the necessary infrastructure, processes and procedures to comply with the HIPAA Security Rule.

URAC is a nonprofit organization that issues accreditation to health care organizations in all 50 states and Canada. URAC accreditation standards are recognized nationally as providing the benchmark for quality in managed care organizations. Because of the new federal HIPAA regulations, which went into effect April 21, 2005, URAC has tailored a program to meet the strict security guidelines.

"We are honored to receive accreditation from URAC," said Bryan Troyer, president of Benesight. "More of our customers are aware of HIPAA regulations and ask what we are doing to ensure their confidential and protected health information remains secure. Receiving accreditation from URAC gives them peace of mind when selecting us as their health plan administrator."

URAC HIPAA Security Accreditation enables health care organizations to display a commitment to information security. The accreditation program is designed to apply to all health care organizations subject to HIPAA (covered entities) and their business associates.

Benesight's Security Administration accreditation is valid for a full two years.

About Benesight

Founded in 1985, Benesight, a Fiserv Health company, is a leading third-party administrator of self-funded health care plans offering a broad spectrum of products and services. Those services include: health plan administration, dental plan administration, stop loss administration, medical management cost reduction and savings program, flexible spending and debit card services, health savings account (HSA) services, health reimbursement arrangement (HRA) accounts, COBRA administration, HIPAA administration and pharmacy benefits administration.

About Fiserv

Fiserv, Inc. (Nasdaq:FISV) provides information management systems and services to the financial and health benefits industries, including transaction processing, outsourcing, business process outsourcing and software and systems solutions. The company serves more than 16,000 clients worldwide, including banks, credit unions, financial planners/investment advisers, insurance companies and agents, self-insured employers, lenders and savings institutions. Headquartered in Brookfield, Wis., Fiserv reported $3.4 billion in processing and services revenues for 2004. Fiserv was ranked the largest provider of information technology services to the U.S. financial services industry in the 2004 FinTech 100 survey by the American Banker newspaper and the Financial Insights research firm. Fiserv can be found on the Internet at www.fiserv.com.