Consolidated Billing
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Consolidated Billing (Consolidated Premium Billing) encompasses the functions of single point billing (one billing for Employers and HR Departments), collection, reconciliation, and distribution of Core Group and Worksite/Voluntary Plan premiums.
The Cost of Consolidated Billing through a Service Provider (see below) is generally less than the time/cost that an Organization spends and with gaining greater accuracy. This provides your Organization an ROI from the utilization of the service. Several Companies listed below have an ROI Calculator on their websites.
Companies Providing Consolidated Billing Services Include:
BSG - www.bsg.com
Benefit Services Group - www.benefitservicesgroup.com
Empower Benefits - www.mpowerbenefits.com
Exude Benefits Group - www.exudebenefits.com
Heffernan Insurance Brokers - www.heffgroup.com
HRIS 4 U - www.hris4u.com
Parker Group - www.parkergroup.com
Paylogix - www.paylogix.com
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