Premium Reconciliation Services

 
  • Reconciliation of premium payments on a monthly basis, based on our database of participant coverage. We can use either a balance forward process or a full-file compare.
  • Summaries of all changes and terminations for all plans.
  • Retroactivity that is automatic and system-driven.
  • Invoices segmented according to the company's needs - by location, division, or cost center.
  • Balance forward method that brings the prior month's payments forward with additions, deletions, and changes, then compares the new balance to the carrier bill.
  • Consistent look and feel for all plans that simplifies and improves accuracy for internal accounting.
  • One bill for simplification with all lines of coverage for each carrier calculated.
  • List of bills created for self-administered plans.
Testimonials

"At Atlas Copco North America LLC, we have complexity in our data - with multiple legal entities and over 30 pay schedules. The benefitexpress team has managed this well for years."

Beth Woods Manager, HR Service Center

Testimonials

"The support I received from the benefitexpress team and particularly our account manager exceeded my expectations. During the enrollment process, benefitexpress was very flexible and quick to respond whenever we needed them."

Director of HR

Testimonials

"It's simplicity. Of all benefit enrollment/admin systems I have ever seen and/or used benefitexpress is THE MOST USER-FRIENDLY!!"

Vice President

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