Health insurance involves a lot of paperwork. Be it an individual, family, group or an organization’s policies, the health insurance is a completely different field when compared to other insurances with lots of complexities.
Policy Management - The solution allows the registration of all the insurance contracts and manages the administration work.
Agents & Commision – It calculates the commission, bonuses and overrides as per the commission rules. It controls the process of registration, individual commissions and its distribution to the staff.
Claim settlement Health – Claims are settled quickly if handled in a uniform way. The solution offers a uniform way to process all the claims in lines and supports the settlement process.
Billing and collection – It provides an automated solution to process the large volumes of insurance billing. Performs pre-accounting processes to calculate the premium for collection.
Personal data administration – Health insurance demands the management of all the entities, individual or group for proper functioning. A particular individual can play different roles, and can also be associated with other projects. The software keeps a record of all the personal data of every individual and his projects.
Reinsurance – Provides support in every aspect of the re-insurance processes.
Not just the above modules, a software development company, also add additional modules as per the individual insurance company demands, to provide the flexibility to manage the full spectrum of insurance.
To enable an easy management of health insurances, the IT consulting companies offer software solution for handling large group health insurance policies. The softwares have many modules like for handling a group policy data, deciding on premium rates per individual or per group, to calculate unit rates based on individual tariff rates and all the other specific processes, of this complicated area of business. Bealow are the few of the many features of a health insurance software solution.
Policy Management - The solution allows the registration of all the insurance contracts and manages the administration work.
Agents & Commision – It calculates the commission, bonuses and overrides as per the commission rules. It controls the process of registration, individual commissions and its distribution to the staff.
Claim settlement Health – Claims are settled quickly if handled in a uniform way. The solution offers a uniform way to process all the claims in lines and supports the settlement process.
Billing and collection – It provides an automated solution to process the large volumes of insurance billing. Performs pre-accounting processes to calculate the premium for collection.
Personal data administration – Health insurance demands the management of all the entities, individual or group for proper functioning. A particular individual can play different roles, and can also be associated with other projects. The software keeps a record of all the personal data of every individual and his projects.
Reinsurance – Provides support in every aspect of the re-insurance processes.
Not just the above modules, a software development company, also add additional modules as per the individual insurance company demands, to provide the flexibility to manage the full spectrum of insurance.
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