CONEXIS Reports Significant Growth for 2008.National Leader in Benefits Administration Adds More Than 100,000 New Participants in January DALLAS -- CONEXIS, a division of The Word & Brown Companies, and the national leader in quality in the complex areas of COBRA/HIPAA, Flexible Benefits, Direct Bill and other administrative services, has announced significant growth entering 2008. "We're very proud of our growth entering the new year," said Michael Close, President of CONEXIS. "Adding more than 100,000 new participants effective January 1, without an acquisition, is truly impressive. It's clearly a vote of confidence from our business partners and employer clients that we have delivered on our promise to provide the highest quality benefits administration solutions available in the market. We believe our growth is a direct result of our focus on quality." Built on dedication to providing service of unequalled excellence, the CONEXIS quality program is supported by the company's Six Sigma Not to be confused with Sigma 6. Six Sigma is a set of practices originally developed by Motorola to systematically improve processes by eliminating defects.[1] A defect is defined as nonconformity of a product or service to its specifications. initiatives, SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System. 70 controls and performance standards and guarantees program. Led by CONEXIS' Black Belts, the CONEXIS Six Sigma program includes more than 50 employees with Lean Six Sigma Lean Six Sigma is a business improvement methodology which combines (as the name implies) tools from both Lean Manufacturing and Six Sigma. Lean manufacturing focuses on speed and traditional Six Sigma focuses on quality. By combining the two, the result is better quality faster. designations - a number expected to double by the end of the year. The company's Black Belts are full-time directors who focus on company-wide process improvements. CONEXIS is the first and only benefits administrator to provide performance standards and guarantees to all clients, regardless of client size. Offered since 2004, these defined, measurable performance metrics Performance metrics are measures of an organizations activities and performance. Performance metrics should support a range of stakeholder needs from customers, shareholders to employees [1]. are backed by financial penalties for any failure to meet these stringent standards. "As the only administrator to provide performance standards and guarantees to all clients, we give our business partners and employer clients the confidence to partner with us for their benefits administration needs," Close said. "This confidence is evidenced by our growth heading into 2008 and speaks volumes about the quality of services we provide." About CONEXIS CONEXIS provides benefits solutions to more than 20,000 clients nationwide, representing more than 5 million covered lives. For more than 20 years, CONEXIS has delivered a wide range of employee benefits administration solutions to clients ranging from small businesses to multi-national corporations, third-party administrators (TPAs), business outsourcing partners and health plans. With a dedicated focus on performance, service excellence, and compliance, its expertise includes COBRA and HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, Administrative Services; Direct Bill Services; and Flexible Benefits Administration, including Flexible Spending Accounts flexible spending account, n an employee reimbursement account primarily funded with employee-designated salary reductions. Funds are reimbursed to the employee for health care (medical and/or dental), dependent care, and/or legal expenses and are (FSA FSA Financial Services Authority FSA Food Standards Agency (UK) FSA Farm Service Agency (USDA) FSA Financial Services Agency (Japan) ) and Section 132 Commuter Benefits Commuter benefits is the common description of what the Internal Revenue Service calls "Qualified Transportation Fringe Benefits" (QTFB) or Section 132(f). The [IRS Final Regulations on Qualified Transportation Fringe Benefits] may be found at [1] . CONEXIS was the nation's first outsourcing provider to offer benefits administration on a single Web-based, fully-integrated system and is the only benefits administrator to offer performance standards and guarantees to all clients, regardless of company size. Headquartered in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. , with offices in Orange, Calif., CONEXIS is a Word & Brown company. For more information, visit the company's Web site at www.conexis.com. |
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