Those who manage health benefits today are faced with multiple challenges. In addition to a workforce that is now largely working from home, many are still bound to manual processes that drastically increase workloads and the chance for costly data and payment errors. Today, more organizations realize the need for benefits technology to automate processes and gain efficiencies. But how do you weigh all of the options?
Below is a sample of our ebook that outlines four critical factors to help guide you. To read the full version, click Download Ebook.
1. CREATED FOR MULTIPLE GROUPS VS. SINGLE EMPLOYERS
Most benefits technology was built for single employers. That means they are not well-suited for organizations who manage multiple groups, such as MEWAs, AHPs, and School Districts. If this describes your organization, look for cloud-based aggregation technology like ours that was specifically designed to bring together hundreds of employers into a single group so they can be easily managed. This one difference can make all the difference.
2. TRUE CONSOLIDATED BILLING & PAYMENT VS. PRESENTMENT
While many say they offer consolidated billing, most provide "presentment" a compilation of bills that still must be reconciled and paid manually. True consolidated billing from Vimly OneBill® combines all bills into a single reconciled invoice that is paid with one click. Payment is automatically distributed to all carriers, brokers, and others. You can offer many plans, benefit types, and carrier network options without increasing administrative overhead.More About Vimly OneBill
3. AUTOMATES TIME-CONSUMING MANUAL PROCESESS
Our technology provides a simple enrollment experience, but that is just the start. You'll also find that manual administrative tasks are automated to free up your valuable time. For instance, multiple data structures are automatically standardized and formatted. All invoices are automatically consolidated to present a single bill that is paid with one click. And quoting and renewal can be done in minutes rather than hours or days. Automatic. Easy.More About Automating To Save Time
4. DATA SECURITY AT THE HIGHEST LEVELS POSSIBLE
Healthcare data is highly sensitive with complex compliance and privacy requirements. At Vimly, there are no compromises when it comes to protecting your data. It's why we've achieved our HITRUST Certification status—the highest standards of data protection available. In fact, we are one of the only SaaS Benefits Administration vendors in the industry to achieve this certification. It wasn't easy. But you'll rest easier knowing your data is safe.More About Our HiTrust Certification