Handling billing, premium collection and remittance can a tremendous burden on HR staff. HealthSmart manages these complexities with services to consolidate billing, collect premiums for multiple coverages, and remit directly to carriers.
Consolidated Billing Solutions
To manage multiple carriers and coverages, our consolidated billing combines multiple lines of carrier coverages into one inclusive invoice, customized to meet the client’s needs. There is no limit to the number of carriers or coverages we can handle.
- Reduce time spent reconciling payments to different carriers
- Reduce errors
- Achieve more productive time management
Premium Administration and Remittance Services
To manage premium collections and remittance, our integrated premium administration service handles the collection of premiums for multiple coverages and carriers on both a group and individual level. Collected premiums are reconciled and remitted back directly to the carriers with backup data provided. There is no limit to the amount of premium we collect or the number of carriers we can work with.
- Reduce time spent preparing collection invoices and reconciling premium payments to multiple carrier/vendor invoices.
- Advance your benefits strategies and control costs.
- Manage unlimited members, employers, self-pay individuals and eligibility guidelines
HealthSmart also offers electronic data feeds and online enrollment services for a one-stop collection and remittance solution. ACH payment options available. Coupon distribution, Monthly reporting provided, eligibility management and reconciliation.