A client’s obligation to maintain, track, and disburse premiums to countless plan carriers can be a tedious job. By implementing FBA’s consolidated billing service, we relieve those duties and execute them effectively and efficiently. We make it our priority to communicate with you every step of the way and minimize the hassle of coordinating between multiple vendors and databases. Our consolidated billing administration service encompasses all benefit plans and plan types including medical, dental, vision and more.
Direct billing relieves the burden of collecting premiums when deducting from payroll is not an option. As your third-party benefits administrator, FBA will handle notifying the participant what payments are due, provide a means to make the payment, provide notification when proper payment is not received and remit any received payments to the client. With FBA, administrative services will be tailored to the needs of your specific population to reduce your company’s workload and administrative costs.
At FBA, we understand billing retirees can be a time consuming and costly process. From the numerous phone calls to the collection and disbursement of premiums, your employees’ time and resources can be better spent. FBA offers retiree billing as an employee benefits administration service that is designed to complement your company’s overall benefit strategy. Our goal is to streamline the flow of processing payments between employer groups and their retirees by providing ourselves as the single point of contact for all transactions.
Billing is complex enough. FBA makes it simple by working with your company to create a personalized plan to ensure your requirements are met.
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