By leveraging carrier claim data within their benefit account administration platform, administrators are in a position to create tremendous adjudication efficiencies and cost advantages for their business operations, while empowering participants to take control of their healthcare expenses.
Through pre-built integration between Alegeus and its claims partners, administrators can receive automated carrier claim data feeds directly into the Alegeus account administration system – which can then be used to auto-substantiate debit card transactions, as well as automate adjudication and reimbursement processes.
Additionally, administrators can make carrier claim data available for presentment via online participant portals – giving participants greater control over their healthcare expenses with the ability to view, manage, and make payments directly from their benefit accounts.
“Integrating carrier claim data into the benefit administrators' workflow creates unprecedented efficiencies, reducing the time and resources required to substantiate card transactions and adjudicate claims,” said Tom Torre, Alegeus Chief Executive Officer. “From the participant’s perspective, having the ability to view, manage, and make payments directly from their benefit accounts is a very powerful next step in the consumer driven healthcare movement.”
About Alegeus Technologies
Alegeus Technologies is the market leader in healthcare and benefit payments - offering the industry’s most comprehensive platform for the administration of tax-advantaged benefit accounts (FSAs, HSAs, HRAs, MERPs, VEBAs, DCAPs and transit accounts), the industry’s most widely-used benefit debit card, and leading services for the outsourced management of claim payments and associated data exchange. Over 500 clients - including health insurance plans, third party administrators and financial institutions - leverage Alegeus’ deep expertise and proven technology to administer benefit accounts for more than 17.5 million members and process more than $18 billion in healthcare payments annually. As the healthcare and benefit markets continue to evolve, Alegeus delivers solutions that enable clients to evolve their service offerings, operate their businesses more efficiently, and focus on their customers. The company is headquartered in Waltham, MA with operations in Carrollton, TX, Orlando, FL and Milwaukee, WI. To learn more about Alegeus, please visit www.alegeus.com.