Ameritas Group Dental Introduces Automated Voluntary Payroll Deduction Billing System.Business Editors LINCOLN, Neb.--(BUSINESS WIRE)--July 23, 2001 Ameritas Life Insurance Corp. -- Group Dental has introduced a new automated system to help ease the administration of voluntary dental plan billing for our policyholders. This service will be offered to new employer groups employer group Association of employers Managed care An entity with a current group benefits agreement in effect with a health plan to provide covered health care services to its employee-subscribers and eligible dependents. that payroll deduct premium billings. Ameritas' automated system generates a monthly premium list billing that exactly matches the employee payroll deduction of 12, 13, 24, 26 or 52 times a year. The system will accurately bill for mid-month employee additions, terminations or changes, as well as stop dental claims and premium amounts for employees on leave of absence or layoff Layoff 1. When a company eliminates jobs regardless of how good the employees' performance. 2. A risk reduction, made by investment bankers, that minimizes the potential downside associated with a commitment to purchase and sell a stock issue unsubscribed by stockholders holding without actually terminating the coverage. This alleviates the need for an employer to manually reconcile the premium billing due to mid-month employee participation changes. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Roxann Brennfoerder, FSA FSA Financial Services Authority FSA Food Standards Agency (UK) FSA Farm Service Agency (USDA) FSA Financial Services Agency (Japan) , Ameritas vice president of underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. , administration and compliance, "Employers who offer voluntary dental coverage don't want administrative headaches or additional costs associated with administering the dental plan. We can provide an accurate monthly billing based on employer payroll deduction periods, which not many carriers can do. Our new automated system makes administration easier for both the employer and Ameritas." About Ameritas Group Dental Ameritas Group Dental -- http://www.YourDentalSolutions.com -- is a division of Ameritas Life Insurance Corp. (est. 1887), an Ameritas Acacia acacia (əkā`shə), any plant of the large leguminous genus Acacia, often thorny shrubs and trees of the family Leguminosae (pulse family). Company, offering group dental and vision products nationwide. In New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , products are offered through First Ameritas Life Insurance Corp. of New York. Ameritas' complete line of flexible and affordable dental solutions includes managed care, traditional indemnity, small group and voluntary products. Ameritas also offers expertise in dental block consolidation, partnering with companies that wish to exit the dental marketplace, improve the financial performance of their existing dental business, or diversify their product line and boost sales through the addition of Ameritas' enhanced dental product portfolio. Other Ameritas and Acacia products and services include life insurance, annuities, mutual funds, banking, retirement strategies and investments. |
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