Fringe Benefit Services, Inc. & Professional Benefit Services, Inc. Choose Benefit Informatics for Online Benefit Plan Solutions.Web-Based Resources Improve Analysis, Planning and Management TULSA, Okla. -- Many Third Party Administrators have responded to changing market conditions and increased competition by expanding operations into new markets. Denver-based Fringe Benefit fringe benefit Any nonwage payment or benefit granted to employees by employers. Examples include pension plans, profit-sharing programs, vacation pay, and company-paid life, health, and unemployment insurance. Services, Inc. expanded to Phoenix in 1999 with their wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Professional Benefit Services, Inc. With separate offices hundreds of miles apart, the companies rely on an information technology infrastructure to coordinate operations. Fringe Benefit Services and Professional Benefit Services have recently implemented web-based benefit administration services from Benefit Informatics Same as information technology and information systems. The term is more widely used in Europe. . By integrating 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. ([R]) solutions into their operations, the two companies will provide employer group 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. customers and consultants with greater access to claim information, including improved analysis and reporting capabilities. This new functionality allows employer clients and consultants to monitor utilization, compare diagnoses and procedure costs and benchmark health plan performance to national, regional and industry norms. A comprehensive and flexible reporting system allows for regular and ad-hoc reporting. All reports can be distributed securely online, saving time and significant printing and postage costs. Mabel LaChappell, President of Fringe Benefit Services, Inc. and Professional Benefit Services, Inc., considers the addition of Benefit Informatics online technology a valuable enhancement of their benefit administration services. "We feel integrating Benefit Informatics into our existing information system gives us the ability to better serve our clients by providing very timely health benefit analysis and reporting. And because Benefit Informatics' services are web-based, we only need to access a secure online website to use the system." Executive Vice President Harry Auston added, "We were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a cost-effective solution to provide our customers with a streamlined, yet more robust analysis and reporting process. Benefit Informatics gives us the ability to improve our benefit plan analysis, reporting and planning capabilities in a very user-friendly system. Their business relationship and integration with The TriZetto Group, our adjudication The legal process of resolving a dispute. The formal giving or pronouncing of a judgment or decree in a court proceeding; also the judgment or decision given. The entry of a decree by a court in respect to the parties in a case. system vendor, was another benefit of working with Benefit Informatics." "Having Fringe Benefit Services and Professional Benefit Services join our growing list of customers proves once again that our application services See ASP and Web services. provided online are an attractive option for TPAs looking to improve their capabilities without huge software or hardware investments," said Philip Kurtz, president and 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. of Benefit Informatics. "We are very pleased to be able to leverage our business partner relationship with The TriZetto Group in providing online analysis, reporting and planning services to their customers." About Fringe Benefit Services, Inc. and Professional Benefit Services, Inc. Fringe Benefit Services, Inc. (FBS FBS abbr. fasting blood sugar FBS Fasting blood sugar. See Fasting glucose. ) was incorporated in Colorado in 1972 expressly to serve employee benefit plans. In 1996, the Company began serving clients in Arizona and on April 1, 1999, its wholly owned subsidiary, Professional Benefit Services, Inc. (PBS PBS in full Public Broadcasting Service Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural, ) was incorporated to provide a full-service office in Phoenix, Arizona Phoenix /ˈfiːˌnɪks/ (English: Phoenix, Navajo: Hoozdo, lit. "the place is hot", Western Apache: Fiinigis) is the capital and the most populous city of the U.S. for single corporate clients. The companies provide a full range of administrative and claims processing services. Their clients include public and corporate clients as well as the full spectrum of Taft-Hartley Health and Pension Funds. Combined, the two operations process more than $100 million in annual benefits for more than 40,000 employees. For more information about Fringe Benefit Services, call 877-283-3394; for information about Professional Benefit Services, call 866-213-2604, online visit www.fringebenefitsonline.com. 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 Analyzer([R]), Benefit Planner([R]), Benefit Manager([R]), Enroller(SM), Connecter(SM), Verifier(SM) and REporter(SM). Through its clients, Benefit Informatics currently serves more than 3,300 businesses, managing health benefits for more than 1.8 million members. Benefit Informatics is an approved business partner for The TriZetto Group, providing online analysis, reporting and planning services for TriZetto QicLink([R]) customers. For additional information about Benefit Informatics, call (918) 491-3600 ext. 1 or visit www.benefitinformatics.com. |
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