Accurate Billing Made Simple

premium billing
Managing your Medicare Advantage and Part D billing has never been easier. The Premium Billing module integrates up-to-the minute member subsidies and Late Enrollment Penalties (LEP) with complete tracking of prospective and retroactive enrollment actions to provide simple, compliant billing and premium management.

The Premium Billing module allows Plans to restrict user access, allowing them to access only the information they need to perform their work. This complies with HIPAA and SOX security and privacy requirements.

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Features

  • Calculate member premiums and refunds
  • Retroactive adjustments for enrollment/disenrollment activity
  • Reconcile SSA Premium Withhold
  • Invoices, statements and coupons, with re-prints
  • Manage SPAP and other third-party payors with split bills
  • Employer groups
  • Low income subsidies
  • Late Enrollment Penalties
  • Auto-draft/direct debit with pre-notes
  • Grace periods and late payment arrangements
  • Age outstanding balances and manage delinquencies
  • Trial bills
  • Customized GL exports
  • Lockbox remittances with automatic or manual allocation