Travis Software to Release TravisCobra and TBILL Direct with Medicare Part D Features
Houston, TX -- August 30, 2005 -- Travis Software Corp., a market leader providing Advanced Employee Benefits Software, announced today the availability of the upcoming releases of TravisCobra and TBILL Direct to include Medicare Part D.
"Everyone in the benefits world seems to be talking about Medicare Part D, the Prescription Drug Plan being added to Medicare as of January 1, 2006. We suspect that you may have been wondering how to notify those who are on Medicare or within a year of being eligible for it of the upcoming Open Enrollment period beginning November 15, 2005," says Alan H. Williams, founder and President of Travis Software Corp. "You may also be concerned about how to discharge the need to disclose if your benefit plans are "Creditable" or "Not Creditable.""
A new "mini-release" of TravisCobra and TBILL Direct is in the works, which will be made available to you by mid-October and will print the Model Notices specified by the Center for Medicare/Medicaid Services (CMS) that need to be sent to those of your Cobra continues (in the case of TravisCobra) or retirees (in the case of TBILL Direct) who are or will be 64 years of age or more by the deadline for notification, November 15, 2005.
New fields are being added to the Benefit Plan records of the systems that will allow you to denote your health plans as "Creditable" or "Non-Creditable" for purposes of Medicare Part D. Once that denotation has been made for a plan, the next time Letters (Automatic Processing) are run for that plan, either the Model Notice for Creditable Plans or the Model Notice for Non-Creditable Plans, as applicable, will be printed for the participants of the plan who are or will be 64 as of November 15, 2005.
Once those letters have been printed by the November 15th deadline and Travis receives additional guidance from CMS about how subsequent notifications should be worded, Travis will add those notifications to the system for your use with TravisCobra and/or TBILL Direct on an ongoing basis.
"For now, we wanted you to know that we are aware of these requirements and are going to be addressing them in the upcoming mini-release. More information about the specifics of what the release will do, and when it will be available for downloading, will be sent to you via email as we get closer to the availability of the release," adds Williams.
About Travis Software
Travis Software Corp. was founded in June 1986, shortly after the enactment of the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) which mandated group health continuation for the first time and created the market opportunity for the Company's first product, the DOS-based TravisCobra software system. Travis is based in Houston, Texas and has over 2,000 employers and administrators using its COBRA, Flexible Benefit and Premium Billing systems. The Company has been solidly profitable each year since its founding in 1986.
For more information about the Medicare Part D Functionality in TravisCobra or TravisBilling Direct, or any other products that Travis Software provides, please contact Travis Marketing at (866) 802-2312, email Travis Software at inf@travisoft.com or visit Travis Software at www.travisoft.com.