Group Benefits Contracts
As consumer expectations continue to rise along with inflating healthcare costs, IT budgets are feeling the pressure to perform. Reducing costs and growing top line revenue are high on CIO to-do lists throughout the healthcare industry. Health insurers increasingly need to consolidate disparate systems and streamline their business processes. Gone are the days of one-size-fits-all communications.
Health insurers who can quickly create, personalize, and manage group benefit contracts from a single system will win over employers, agents, and policy-owners alike. Indeed, the competition will be left trailing far behind.
EMC Document Sciences’ xPressContracts for Group Benefits solution dramatically improves the workflow efficiency of the group benefit contract generation process. The Web-based, collaborative solution uses Microsoft® Word as the business authoring tool and the award-winning xPression® 3 software suite for enterprise-class document generation and management. xPressContracts for Group Benefits allows health insurers to easily customize and manage group benefit contracts within a centralized, online environment.
xPressContracts for Group Benefits features include:- Centralized library of base contract templates, driven by business rules and accessed via the web.
- Familiar Microsoft Word environment enables ad hoc custom changes by business users.
- Detailed search, carry forward, and side-by-side comparison speed annual contract revisions.
- Version tracking provides audit and risk management capabilities.