AdminOne Contracts with Benefit Informatics.TULSA, Okla. -- Benefit Analyzer analyzer /ana·ly·zer/ (an´ah-li?zer) 1. a Nicol prism attached to a polarizing apparatus which extinguishes the ray of light polarized by the polarizer. 2. (TM) and Benefit Manager(TM) to Be Part of Benefit Plan Services Benefit Informatics Same as information technology and information systems. The term is more widely used in Europe. Inc. announced today that Arkansas-based AdminOne Corporation has signed a multi-year agreement to offer to its more than 10,000 employee lives Benefit Informatics' benefit plan services and technology. AdminOne, a third-party administrator of health benefits, selected Benefit Informatics to help provide its clients new consumer-oriented applications and features, increased satisfaction among employees with their health plans, and reduced plan and administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. . Benefit Informatics services include analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. tools for assessing benefit plan financial performance, the means for employers and individuals to manage benefits online and a soon-to-be-released predictive plan modeling product. The resulting information is then used by employees, employers and consultants to make cost effective benefit decisions. "As we work to control health care costs for both our fully-insured and self-insured self-insured Self fund Health insurance adjective Referring to the practice of carrying an individual health insurance policy for oneself; self insurance is usually more expensive than group insurance clients, we continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. seek out gold-standard benefit solutions," said Gary Baker Gary Baker is a former NASCAR driver. He made one Winston Cup start at Talladega Superspeedway in 1980. He started 15th and finished 22nd, earning $3,440. He was driving the #4 Waylon Jennings Chevrolet fielded by G.C. Spencer. In 2007, he purchased the Busch Series team Brewco Motorsports. , president of AdminOne. "Best practices in health benefits administration call for sophisticated technology and a solid understanding of the impact of utilization patterns. We chose Benefit Informatics because it's clear they have both." Among the Benefit Informatics' products to be included is Benefit Analyzer(TM), an online management information service that provides employers information on critical benefit utilization patterns, as well as a detailed analysis of the financial performance of their health plans. Studies show that more than 75% of benefit plan costs are associated with health utilization patterns. By reviewing clinical statistics such as diagnosis, procedures and place of service, Benefit Analyzer(TM) gives employers insights into provider practice patterns and return on investment for implementing specific health and wellness programs. Also a part of the agreement is Benefit Manager(TM), a Web-based tool that gives employees access to health and wellness information, online review and comparison of multiple benefit plan choices and "what-if" modeling of different benefit cost scenarios. Benefit Manager(TM) includes automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. assistance in choosing and enrolling in selected benefits. Employees are able to monitor the use and cost of health services health services Managed care The benefits covered under a health contract and become more comfortable in making informed benefit decisions. Plan providers and third party administrators and their clients reap the rewards of an automated solution that helps to reduce costs associated with paperwork, mailing expenses and customer service. "Our mission is to help our clients help their clients at the highest levels of customer satisfaction," said Benefit Informatics CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Philip Kurtz. "This partnership with AdminOne is another example of how our strengths in technology and related services are so complementary to third-party administrators and plan providers across the country." About Benefit Informatics Benefit Informatics Inc. enables the efficient planning, management and analysis of employee benefit plans through the delivery of proprietary applications and services to benefit providers through direct and indirect sales channels to plan providers, insurance companies and third party administrators. The company's products include Benefit Manager(TM), Benefit Analyzer(TM), and Benefit Planner(TM). Through its clients, Benefit Informatics currently serves more than 1000 businesses, managing health benefits for more than 700,000 members. For additional information, please call 918-491-3600 or visit www.benefitinformatics.com. Benefit Informatics was previously known as Incentus. About AdminOne AdminOne is a privately owned and operated third party administration firm located in Northwest Arkansas Arkansas, river, United States Arkansas (ärkăn`zəs, är`kənsô'), river, c.1,450 mi (2,330 km) long, rising in the Rocky Mts., central Colo. . The company works directly with employers representing a wide variety of industries to provide a comprehensive array of health benefit services. For additional information, please call 800-967-2077 or visit www.youradminone.com. |
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