A Flexible Solution to EDI834 Challenges

A Flexible Solution to EDI834 Challenges

Do you need to send health care eligibility updates to your insurance carrier? Then you need an Electronic Data Interchange 834 file, commonly shortened to EDI834. This standard format meets HIPAA requirements, but there’s a catch. Even though it’s a global standard,...
Need a Better Check Collection Process? Try Lockbox.

Need a Better Check Collection Process? Try Lockbox.

Employers and third-party administrators have something important in common: They’re always looking for ways to operate more efficiently. One function that is particularly time-intensive is the receipt of premium checks. Every time a check comes in, someone in your...
The State of Retiree Health Benefits

The State of Retiree Health Benefits

Today’s retirees face massive health care costs. Research from Fidelity found that a 65-year-old couple retiring now can expect to spend an average of $280,000 on health care costs. At a time when many people’s retirement savings are falling short, this news may come...
The Many Faces of Open Enrollment – How to Ensure No One Is Missed

The Many Faces of Open Enrollment – How to Ensure No One Is Missed

You understand the importance of open enrollment. You know it’s your one chance to help employees select the benefits they need to be satisfied, productive and protected throughout the following year. You recognize the importance of encouraging engagement in the...
Buyer’s Guide: How to Find the Right Retiree/Direct Bill Software

Buyer’s Guide: How to Find the Right Retiree/Direct Bill Software

Millions of workers take FMLA every year—in 2012, the number was 14 million—and this is in addition to all the retirees and other participants who need a direct payment option for health insurance. That’s a lot of business to be earned and a lot of payments to manage....