Managing employee benefit elections can be a burdensome process for some businesses. These essentials can take an employee away from other needed business tasks. The realm of healthcare benefits requires the attention of a full-time job.
Our Third-Party Administration department can do the work for you. TPA benefits include:
●Reconciling carrier bills
●Managing carrier invoices
●COBRA administration payments
●Processing employee benefit plan changes
●Ensuring HIPAA compliance
Our internal TPA Department can minimize the impact of these items through our Consolidated Billing service. Each month, we will reconcile your carrier invoices against known election data and provide you with a single Invoice. With a single monthly client payment, we’ll ensure all carriers are paid on time and resolve any election discrepancies.