A large health insurer has unveiled its entry into the health account payment card arena.
CIGNA HealthCare, Bloomfield, Conn., a unit of CIGNA Corp., Philadelphia, says it will be basing its new HealthePass card system on a “hold and settle” process developed by American Express Company, New York.
American Express, in turn, will be incorporating health account card services from Metavante Corp., a unit of Marshall & Ilsley Corp., Milwaukee.