[December 06, 2005]

Managed Care Industry Can Now Implement Re-Engineered Consumer Directed Health Plans (CDHP) with One Cohesive and Powerful Technology Solution

SOUTHBOROUGH, Mass. --(Business Wire)-- Dec. 6, 2005 -- The TETHIC/CDHCC Health Industry Conference--held on December 7-9--at the Omni Shoreham Hotel in Washington, DC features consumer-centric technologies, solutions, workshops, and discussions led by leading industry speakers. In the case study, The Integration of Human Capital and Technology, ikaSystems will demonstrate how health plans can deploy one cohesive and powerful solution to enable the sale of CDHPs, which increases health plan potential while decreasing employee's costs.

ikaSystems will demonstrate that by packaging state-of-the-art technology with human capital, health plans can design optimal CDHP programs for employers and individuals. The Integration of Human Capital and Technology will be led by Howard Rubin, Director of Operations, Tax Savings Program and James Marzano, Chief Information Officer, both of ikaSystems. "In the current environment, where most employers are willing to switch health insurance carriers for a 5-10% reduction in premium costs, the marketplace will respond strongly to a properly designed CDHP, which will reduce premium costs for employers by 10-30% and for employees by 40-80%," says Rubin.

These extraordinary results are possible when utilizing a re-engineered flex plan to accommodate CDHP, which takes full advantage of available tax savings. However, the results are dependent on employing services not ordinarily available in the TPA world, and where technology and processing transactions are typically the primary focus.

ikaSystems is the sponsor for the Payor/Provider Integration Track and will present on Thursday, December 8, 2005 at 12:15 p.m., and will have an exhibit booth for demonstrations. ikaSystems is a platinum sponsor of the Tethic and Beyond summit. Event details are listed at http://www.tethic.com.

About ikaSystems

ikaSystems (www.ikasystems.com) is a leading provider of web-based ERP solutions for the managed care industry. The ikaEnterprise System is a full service, comprehensive system that automates all the key transactions in the managed care cycle. Six standalone, self-service web portals are tightly integrated with business intelligence and transactional systems: core claims adjudication, disease management, physician profiling, HEDIS(R) reporting, and consumer-directed healthcare to provide a fully integrated, web-based infrastructure for healthcare organizations, insurance carriers, and third party administrators.

About TETHIC And Beyond developed by Transmarx, LLC

Transmarx, LLC is one of the country's premier conference and trade show producers with vertical industry expertise in advertising, marketing, food & beverage, energy, aerospace, healthcare, media, travel, financial services, entertainment and sports. Transmarx's management currently produces the following events: Boomers Business Conference and Expo, Connecting Business to the Next Seniors Market (http://www.boomersbusiness.com), Consumer Directed Healthcare Conference and Expo (http://www.cdhcc.com), The National Health, Wellness and Prevention Congress (http://www.nhwpc.com), Healthcare Research and Innovations Congress (http://www.hcric.com) and The Emerging Technologies and Healthcare Innovations Congress (http://www.tethic.com).

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