Benefit Informatics Introduces Plan Experience Summary

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Thu Aug 27, 2009 9:40am EDT

Report Combines Claim and Fixed Costs in One Function to Show Total Plan
Expenses
TULSA, Okla.--(Business Wire)--
"At Benefit Informatics, some of the best ideas come from the smartest people we
know - our customers," said Phil Bruns, Chief Operating Officer for Benefit
Informatics. "Many of the functions of our online solutions have come about
through working closely with our customers to develop analysis and reporting
applications that meet their needs." 

The newest Benefit Informatics online application to be developed in cooperation
with customer feedback is the Plan Experience Summary which combines claim
costs, eligibility information and fixed fees charged by administrators, PPOs
and others. The new report presents employers and health plans with a
comprehensive view of their total plan expenses for the period specified. 

The Plan Experience Summary allows for a wide variety of data source inputs,
including admin fees, PPO access fees, stop-loss premiums and many other
expenses. These additional data points can be manually entered or included as
part of a data feed. 

Benefit Informatics customer Benefit Administrative Systems (BAS) in Homewood,
Illinois contributed to the application`s development with ideas and feedback.
Pam Johansen, Manager of Information Systems for BAS, worked closely with BI
personnel on this new application. "We look at our relationship with Benefit
Informatics as partnership that we have built over many years. We have worked
closely with BI to develop reports and other functions that have increased our
efficiency," Johansen said, adding, "BI is always willing to listen to our ideas
and work with us." 

Benefit Informatics integrates data from a variety of sources into one
comprehensive database and then normalizes or reformats this data into
actionable management information. Users can access the Plan Experience Summary
or any of the more than 30 standard analysis and reporting functions that
require that users only enter a date range to produce a report. For more
in-depth analysis of health plan expenses and utilization, an ad-hoc or
specialized report builder allows users to filter the data using a variety of
plan aspects. 

About Benefit Informatics

Benefit Informatics Inc. enables the efficient planning, management and analysis
of employee benefit plans through the delivery of online proprietary
applications and services to employers, insurance companies, third party
administrators and brokers. Benefit Informatics serves more than 50 payer
organizations, 5,500 businesses, and more than 2.2 million members. For
additional information, call 888.802.INFO (4636) or visit
www.benefitinformatics.com. 



Benefit Informatics Inc.
Chris Metcalf, 918-491-3603
cmetcalf@benefitinformatics.com



Copyright Business Wire 2009

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