Technology : Benefits

Benefits Reconciliation

Available from UKG

Product Overview

Benefits Reconciliation

Benefits Reconciliation is the industry’s only fully-automated solution that matches carrier invoices against employee premiums and enrollment data to check for billing discrepancies and uncover hidden premium leakage.

Top Features:

•Integrated Data Sources. Our relationships and integrations with HCM platforms and insurance carriers allow users to pull-in and combine data from a system of record automatically.

•Matches & Compares invoices in seconds. Data can be automatically matched based on SSN, employee or plan name, and other variables.

•Gain Actionable Insights and securely export your follow-up notes to other team members, a broker or insurance carriers to address irregularities.

•Executive Analytics allow organizations to understand plan utilization trends across multiple products, review plan enrollment history, and make better future decisions.

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