Health Insurance Exchanges
Leveraging more than twenty years of managing world-class insurance exchanges and health benefits, Ebix Health is delivering comprehensive, end-to-end solutions for both the private and public health insurance exchange markets. Our exchange solutions are designed to address the specific needs across the healthcare service value chain including brokers, insurers, employers, employees and consumers. Clients can utilize our on-demand software and services in multiple ways; as a fully integrated end-to-end software solution or as individual plug-in software components.
Benefits
The Ebix Health Insurance Exchange solutions provide the complete source not only for shopping for and buying health insurance, but also for the management of individual health, wellness, and health care related savings. With relevant, directed content and transparency, consumers gain online acccess to the information they need to make informed decisions, about their health, wellness, and the overall value of their health plans and services. And providers of policies and plans have access to identify and track the plans that are selected, how they're competing in the marketplace, opportunities for cross-selling, and new value client management services. By selecting the Ebix Health Insurance Exchange solutions, you're benefitting from:
- Easy to use, comprehensive, tailored site designed to encourage overall utilization from all participants.
- Simplicity of working with one vendor, thereby eliminating the costly, time-consuming need to integrate multiple standalone systems.
- Ability to manage individual and family plans, small group and complex large group plans and benefits, as well as multiple benefit products including health, dental, vision, LTD, STD, ancillary, and other insurance.
- Speed to market with a partner who is ready when you are or incremently add services and products as needed.
The Ebix Health Insurance Exchange solutions include the following components:
Front-End Portal Components
- Shopping tools
- Plan side-by-side comparison
- Real time multi-carrier quoting and rating engine
- Plan video and education material
- Health and wellness
- Enrollment
- Eligibility
- HR benefit tools and information
- CRM: sales, marketing, customer relations
- Commission tracking
Back-End Financial Management Engine Components
- Complete accounting and billing platform
- Exchange accounting
- Premium processing
- Individual premium billing
- Small employer premium payment transactions, including billing, collection and aggregation
- Issuer financial transactions
- Issuer payment transfers
- Tax credit and cost sharing financial transactions
- User fees
- Broker of record
- Navigator financial transactions
- Broker financial transactions
- Collection and aggregation
