Flexible Benefit Service Corporation Integrates HSAs With Health Care Service Corporation

Additional Employer-Based HSA Solution Now Available To Blue Cross and Blue Shield Plans in Illinois, New Mexico, Oklahoma and Texas!

ROSEMONT, Ill. (October 1, 2009) – Flexible Benefit Service Corporation (Flex) today announced the launch of a new relationship with Health Care Service Corporation (HCSC) to provide an integrated employer Health Savings Account (HSA) solution.

FlexHSA® Plan provides HCSC with another HSA option for employers offering High Deductible Health Plans (HDHPs) to employees. HCSC offers HDHPs through its Blue Cross® and Blue Shield® plans in Illinois, New Mexico, Oklahoma and Texas.

“We are excited to be an extension to the Blue Cross and Blue Shield family of products, and look forward to strengthening their offerings,” said John DiVito, president of Flex. “FlexHSA Plan allows their group clients to effectively administer HSA for employees. It’s the culmination of two decades of experience in the consumer-driven marketplace, and provides best-in-class services to employers and participating employees.”

With FlexHSA Plan, employers get secure, online access to coordinate employee HSA contributions, track enrollment rates, update employee information and more. Participating employees also receive many tools to support the HSA, including:

A simple, robust web site at www.flexhsaplan.com
• Online account access and banking capabilities
• The FlexMoney™ MasterCard® debit card
• ClaimsVault™
• Calculators and decision support tools

Flex Integrates HSAs With HCSC

FlexHSA Plan also offers the most comprehensive investment package in the HSA market. Portfolio Online, offered by FlexHSA Plan custodian Millennium Trust Company, provides a self-directed investment platform that enables participating employees to buy, sell and hold various investments in their HSA investment account, monitor their positions and much more.

For more information about FlexHSA Plan, visit www.flexhsaplan.com or call 866-472-5385.

About Flexible Benefit Service Corporation
Flexible Benefit Service Corporation (Flex), headquartered in Rosemont, Ill., is a General Agency and Benefits Administrator. Founded in 1988, Flex is committed to finding solutions for rising healthcare costs and promoting plans that offer premium relief. Flex is at the forefront of all the latest trends and key options in health insurance and benefits administration. FlexHSA is a registered mark of Flexible Benefit Service Corporation. For more information, visit www.flexiblebenefit.com.

The FlexMoney Card® is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc.