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New 2008 Debit Card Regulations: |
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Retiree Billing
Retiree Billing services are available to employers who provide health care benefits to their retirees and dependents but require them to pay a portion of the cost. Record keeping and premium collection associated with retiree benefit administration is often time-consuming and cumbersome for employers.
ProcessWorks has automated systems that can provide this administrative function efficiently, accurately and affordably.
Proven Processes
Administration
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Comprehensive communication materials to notify retirees of ProcessWorks' role
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Complimentary distribution of payment coupons
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Monthly premium collection done systematically to verify accuracy, if shortage/insufficient funds surface, payments top immediately
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Optional monthly premium withdrawal (ACH) from retirees checking or savings account at no extra charge
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Prompt delivery of a monthly consolidated check
Employer Reports
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Payment status of enrolled retirees
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Summary listing of retiree coverage terminations
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Disbursement listing of carriers, coverages, participants, and premium amounts
Data Management with data archival going back at least 7 years.
Customer Service provided toll-free support through our Customer Care Center.
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