HSAs have been around for a while, but many small business owners are unclear about their purpose and implementation. As a small employer, you likely have a hundred different tasks on your mind to keep your organization running smoothly. This can make administering your employees’ health benefits, like a health reimbursement arrangement (HRA), just another task to add to your never-ending to-do list.
Third-party administrators or TPA software can administer your health benefits-including your HRA-so you can concentrate on the more important aspects of running your business. TPA’s can save you money on administration, freeing up cash that could be better spent elsewhere.
Understanding The Role of TPAs
TPA’s are companies that specialize in claim payment processing for several other types of companies, including insurance companies, employee benefit plan providers, and third-party administrators.
The TPA is not an insurance company or a health plan, but rather an organization with the expertise to support the benefits administration process. A TPA will focus on how to best serve its clients by delivering various services, including establishing relationships with service providers, calculating member eligibility for benefits, issuing benefit payments, assisting with claims administration and handling all health care reporting requirements.
TPA Claims Management software helps TPA companies to deliver more accurate services to their clients. Companies can achieve big in less time with Third Party Claims Administrator.
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Why Datagenix?
Datagenix is the leading organization representing the third-party administrator industry. Our mission is to have an environment that supports our members’ business needs, thus being able to better serve the travel program industry that they are a part of. This includes everything from addressing issues within the industry, acting as a liaison to various key organizations, supporting trade shows and education, and providing member services including resources for implementation tools, marketing materials, implementation examples, webinars, research studies and surveys.
With Datagenix, the best-in-class TPA technology is made simple. No endless training to learn cumbersome, complex software — a beautiful self-service web portal for employees to make or view claims. Never go out of date — a pre-paid cloud offering, so our technology stays current and your team gets unlimited access to the most feature-rich solutions on the market. Make it work for your company, not around it.
Features of Claimscape TPA Dashboard System:
● Instant Real Time Charts And Graphs To Measure All The Vital Signs Of The Tpa Operation
● Charts Can Be Added Or Changed On The Fly To Monitor And Track Such Things As Claims, Customer Service, Preauthorization Activity
● Auto Refresh Updates Charts And Stats Every 5 Minutes
● Single Click Drilldown To Display Data Elements And Export To Excel
● Works On Tablets, Androids, Iphones, and Kindle
● Uses Cutting Edge Latest Technologies For Fast Response
Today, claims administration is outsourced in most major European countries. Provider therefore offers the best of both worlds; combining the specialist knowledge of our independent TPA members with the security of a strong, international network. You can contact the elite team of Datagenix to know more about the Claimscape TPA Dashboard System.
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