In today’s competitive business environment, increasing government regulation and tightening market conditions are driving Health and Life Insurers to look for better ways of meeting strategic objectives.
The SoluSoft New Business and Underwriting (NBUW) Health Application Solution is a customizable solution template designed to meet those challenges. Built on world-class Business Process and Content Management software from Global 360 and Business Rules software from Corticon, It fits easily into any insurance environment. It delivers a true end-to-end view of the entire process, and provides much greater control and visibility to all areas of the business. The entire organization can leverage these tools to:
The SoluSoft NBUW Health Applications Solution provides end-to-end business process and content management in all key areas of the New Business Underwriting Application process. It works with your existing policy management system and service providers, systems you are already familiar with. Alternatively, the entire process can be managed within the solution.
In today’s competitive business environment, increasing government regulation and tightening market conditions are driving Health and Life Insurers to look for better ways of meeting strategic objectives. They seek to:
The SoluSoft Health Claims Management Solution is built on world-class Business Process Management and Rules software from Global 360 and Corticon. It provides a customizable solution that fits easily into any insurance environment. It delivers true end-to-end management of the entire process, and provides much greater control and visibility to all areas of the business. The entire organization can leverage these tools to:
The Solution Template for Health Claims Management consists of the following process components:
Capture Claims: Claims are captured using both paper methods and electronic methods. X.12 837 edi transactions are captured and populate the claims case. Capture paper HCFA 1500, CMS 1500, UB92, UB04, and any other custom claims forms. Automatic document separation for scanned documents, and data entry is done for scanned forms.
Auto Adjudication: Your custom business rules for claims management are incorporated directly into the business process, so that existing policy guidelines are checked for completeness, and verified for settlement actions. A certain percentage of claims may be automatically settled without interruption of your staff, so they may concentrate on the higher risk claims.
Examine: The template process provides proactive distribution and management of claims according to your business rules and risk management criteria. A certain percentage of cases may be audited and reviewed by various levels of claims supervisors. Escalation is done automatically, and claims are processed consistently. Key process metrics are recorded each step of the process. Work is dynamically balanced to match the workload and staff. Work is separated and pushed to the right people according to the criteria needed. Anyone can access case files at any time. The user’s role governs the security and the view of the claim.
Settlement: Claims are settled with the least amount of interaction. Correspondence is generated using your existing systems or with optional correspondence modules.
Recovery: If appropriate, recovery and auditing of claims is automatically flagged according to your rules. Process activities and rules are executed to help personnel consistently manage higher value claims. Complete audit history is maintained for all transactions.
The Health Claims Management Solution Template provides out-of-the-box processing capability, which can be configured for your unique requirements. Straight-through processes allow quick adjudication of claims meeting certain rules, and more complex cases are handled with logic that insures consistent and proper escalation. Process management insures that handoffs are minimized.
The Health Claims Management Solution Template also accommodates your special process requirements, with out-of-the-box templates for:
The Claims Management Solution Template provides end-to-end business process and content management in all key areas of the Claims Management Application process. It works with your existing claims payment system, policy management system, and EDI service providers. You can use your existing Correspondence system, or it can be provided separately. The system is modular and can be customized to your requirements. Advanced system architecture used requires no software distribution to your user clients, and process and rules can be maintained by your business operations staff.
Using a solution template for your application provides the fastest time to implementation, yet still allows you to customize the solution using BPM tools and business rules.