Posted by: danielrashke | October 29, 2014

It takes a village to innovate!

Recently, TASC’s Chief Development Officer (CDO) Pam Reynolds and TASC were designated as “2014 Innovators” by the Institute of Healthcare Consumerism (IHCC). Pam was specifically recognized for her outstanding leadership and innovative healthcare benefits solutions. I couldn’t agree more.

In presenting this award, the IHCC praised Pam for the development of the TASC Card with its MyCash innovation, a revolutionary way to pay for eligible healthcare expenses and spend funds reimbursed from a cardholder’s Flexible Spending Account (FSA), all on one card. With MyCash, claim reimbursements for out-of-pocket expenses are automatically deposited into a separate cash account that is accessible through the TASC Card for non-FSA purchases.

Speaking of the TASC Card and Pam’s involvement in its development, Elaine Harkins, Vice President of MasterCard Worldwide said, “With the addition of MyCash, TASC has transformed the limited-use FSA card into a general purpose payments tool and means of accessing funds in Participants’ tax-advantaged accounts. This increases Participants’ engagement with their FSA and health plans overall. Pam (Reynolds) has been instrumental in developing this solution and ensuring its success.”

When Pam joined TASC in 2000, the company offered five services only, with a team of roughly 60 employees. Today, TASC provides nearly 20 services via a team of close to 1,000 employees. Drawing on her experience with strategic planning, performance measurement, process management, and financial analysis, Pam helped TASC develop many service offerings, including DirectPay Health Reimbursement Arrangement (HRA), COBRAToday, and TASC’s Health Savings Account (HSA). She is actively involved in developing and managing TASC’s Strategy System of Management and assists the organization in charting and executing the Plan to realize TASC’s future.

Pam is just one of TASC’s talented and committed employees. No Chief Executive Officer (CEO) can build a successful business without a foundation of qualified employees. Pam Reynolds and all on our team work hard to ensure that TASC remains a high performing business. And we all benefit from that.


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