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Consolidated Premium Billing Verisource

Dynamic, integrated consolidated premium billing service

VSI’s integrated consolidated premium billing service provides Clients with a monthly customized premium billing statement in an Excel format. Premium statements include a detail page listing all employees, by location, with elected benefits and associated rates, and a separate premium ‘worksheet’ for each benefit/product.

Key components:

  • check Primary Account Manager
  • check Solution customized based on benefits, rates and policies
  • check Standalone database for each Client
  • check Premium bills are produced in an Excel format
  • check Benefit/product calculations include:
    • Company provide benefits
    • Voluntary benefits
    • Worksite benefits
  • check Includes retro adjustments for up to 3 months
  • check Corporate Statements include:
    • Detail page listing all participants, benefits and associated rates
    • Summary page for locations/divisions
    • Separate ‘worksheet’ for each benefit/product
  • check Separate location/division statements include:
    • Detail page listing all participants, benefits and associated rates
    • Separate ‘worksheet’ for each benefit/product
  • check Reconciliation services include:
    • Monitoring for new hires, life events and terminations
    • Reconcile with carrier invoices (electronic format)
  • check Issue resolution with carriers

To learn more about our services, please Contact VSI.


LEARN AND UNDERSTAND VSI SOLUTIONS

Each VSI service can be employed on a standalone basis, or integrated with other services to develop a complete solution. Popular VSI solutions include:

Standard Solutions

Data Management. Employee Enrollment. Premium Billing

Premier Solutions

Data Management. Employee Enrollment. Premium Billing. COBRA. ACA Reporting

PremierPlus Solutions

Data Management. Employee Enrollment. Premium Billing. COBRA. ACA Reporting. Dependent Verification.

EDT Solutions

Data Management. Carrier Electronic Files. Premium Billing.

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