Benefits Billing Reconciliation
and Payment Service

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Benefits Billing Reconciliation and Payment

The Billing Reconciliation and Payment Service from PlanSource takes the worry out of billing and reconciliation for HR teams. From gathering monthly carrier bills and calculating self-reported totals to handling payments to insurance carriers and resolving issues, PlanSource manages the process from end-to-end. By ensuring that eligibility and billing match to the enrollment data reported in the PlanSource Benefits Administration system, HR professionals get a valuable benefit - more time to focus on higher value activities.

How Does The Service Work?

benefits billing reconciliation and payments graphic

 

Why Benefits Billing Reconciliation and Payment?

Save Time
Let someone else sync-up the bills to ensure correct payments

Reduce Stress 
Stop tedious comparisons between enrollment and carrier records

Minimize Risk
Ensure correct premium payments are made to insurance carriers

 

PlanSource Does The Hard Work For You

With Plenty of Benefits

Let someone else track
and pay individual carrier bills

Eliminate line-by-line
comparisons of monthly invoices

Identify discrepancies
and resolve the quickly

Minimize the risk
of incorrect premium payments

Automatically capture
retroactive adjustments

Establish a single point of contact
for billing from multiple carriers

“PlanSource manages all the tedious functions of benefits administration for me so I can spend my time on other value-added areas. Bill reconciliation alone is worth the cost of this platform! No other platform offers this service.”

Lisa DeGisi
Benefits and Welfare Specialist, BPM 

What’s Included In The Service?

Billing Handling
Whether it’s a self-bill or list-bill, we’ll take care of it 

 

Invoice Consolidation
Clients get one bill showing everyone who needs to be paid 

Payment Simplification
Employers pay us and we’ll pay everyone on your behalf

Discrepancy Resolution
All list bills are audited and any issues with carriers resolved 

 

Some of the Companies Using Our Billing Services

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