Consolidated Carrier Billing & Reconciliation
Save time, limit exposure, and protect your bottom line.
The challenge
- Manually reconciling carrier invoices for your insurance plans each month in an attempt to untangle discrepancies is cumbersome, tedious and time-consuming.
- Submitting payments without auditing can be costly. Billing discrepancies commonly result in overpayments and may be impacting your ability to allocate funds elsewhere.
- Neglecting to audit can also leave you exposed and your employees without coverage.
Consolidated Carrier Billing & Reconciliation
Save time, limit exposure, and protect your bottom line.
The challenge
- Manually reconciling carrier invoices for your insurance plans each month in an attempt to untangle discrepancies is cumbersome, tedious and time-consuming.
- Submitting payments without auditing can be costly. Billing discrepancies commonly result in overpayments and may be impacting your ability to allocate funds elsewhere.
- Neglecting to audit can also leave you exposed and your employees without coverage.
Consolidated Carrier Billing & Reconciliation
Save time, limit exposure, and protect your bottom line.
The challenge
- Manually reconciling carrier invoices for your insurance plans each month in an attempt to untangle discrepancies is cumbersome, tedious and time-consuming.
- Submitting payments without auditing can be costly. Billing discrepancies commonly result in overpayments and may be impacting your ability to allocate funds elsewhere.
- Neglecting to audit can also leave you exposed and your employees without coverage.
How we can help
Automate the auditing of your monthly insurance carrier bills, verify that employees are receiving the appropriate coverage, and prevent overpayments – without soaking up additional resources.
- Billing Reconciliation: Audit carrier invoices for accuracy
- Consolidated Carrier Billing: Multiple carriers, 1 bill
- Payment Services: 1 payment for all benefit offerings
How we can help
Automate the auditing of your monthly insurance carrier bills, verify that employees are receiving the appropriate coverage, and prevent overpayments – without soaking up additional resources.
Billing Reconciliation
Audit carrier invoices for accuracy
Consolidated Billing
Multiple carriers, 1 bill
Payment Services
1 payment for all benefit offerings
How it works:
01. Collect invoices
Each month, we receive a copy of your invoices directly from your insurance carriers.
02. Audit data
Our system automatically audits each carrier bill directly against your enrollment platform to verify that premiums and coverage are in sync.
03. Resolve discrepancies
If we identify any discrepancies during our audit, we coordinate with you and the carrier to correct and resolve all errors.
04. Approve and pay
We provide you with a final breakdown of the total premium due to each carrier, as well as a summary of any adjustments made. You’ll have a clear picture of how much to pay and if you should be expecting any credits.
Take back your peace of mind.
Start leveraging our full suite of solutions today.