Reducing Monthly Adjustments for Time Savings & Accurate Billing
A school district with high turnover was having trouble with a large quantity of adjustments each month. Soluta saved the employer time and ensured accurate billing with minimal adjustments.
ABOUT
Industry: School District
Lines of Coverage: Six LOCs
Annual Premiums: $760K
CHALLENGE FACED
Late-enrollment updates and high turnover/class changes between active to retired employee benefits were causing the high number of monthly adjustments for the school district.
SOLUTA DELIVERED
Post-Coverage Billing (PCB): Soluta moved the group from an advanced-bill cycle to post-bill cycle to simplify the school district’s billing process. Soluta’s PCB allows groups in industries with high turnover to adjust enrollments in their ben admin platform until the last day of the month — which minimizes the need for adjustments to flow through to the following month.
RESULTS
Post-coverage billing reduced the need for the school district’s staff to reconcile adjustments each month, resulting in a more efficient process, reduced manual work and more accurate billing.
Get Started With Soluta
Contact us to schedule a meeting to learn more about Soluta’s post-coverage benefits billing and other solutions.
Soluta makes benefits billing easy.
