Benaissance Launches Technology Service Solutions for Health Benefit Exchange Administration & Billing

OMAHA, Neb.--(BUSINESS WIRE)-- Benaissance, the leading provider of Software as a Service and single point individual subscriber billing solutions for national benefit administrators and health plans, today announced their new HBEpoint™ SaaS platform which joins the company’s other flagship technologies; COBRApoint and SPMpoint. Additionally, Benaissance introduces two new business process outsourcing solutions, Billing Services and Eligibility Services, designed specifically for insurance carriers and state governments who will manage large populations of individual subscribers and plan members as part of the PPACA health care reforms.

“HBEpoint and our integrated BPO solutions are the logical extensions of Benaissance services and decades of individual subscriber billing experience. They are specifically focused on solving the core operational requirements insurance carriers and state governments will face once subscribers elect health insurance plans in each state’s ‘no wrong door’ web based health insurance marketplace,” says John Jenkins, Benaissance CEO. Jenkins further states, Benaissance has developed an innovated ‘self-funding’ administration fee structure which makes the entire suite of solutions cost-neutral for a partner State.

Estimates suggest as many as 70 million individuals will obtain health insurance through a Health Benefit Exchange created under the PPACA. This represents a massive shift from traditional employer sponsored insurance group list billing to individual subscriber billing. Benaissance’s HBEpoint and BPO solutions are engineered to compliment and extend the capabilities of insurance carriers and state governments.

About Benaissance
Founded in 2003, Benaissance has grown into a leader in “Software as a Service” solutions for highly efficient and scalable individual subscriber billing administration. Benaissance’s flagship solutions are supported by seamlessly integrated business process outsourcing services. In 2008, McCarthy Capital partnered with Benaissance in 2008 to support management’s plan for growth and expansion into the administrator, payor and health benefit exchange markets

About McCarthy Capital
Based in Omaha, NE with an office in Boston, McCarthy Capital manages $500 million in private equity assets and capital commitments. For more information about McCarthy Capital, please visit www.mccarthycapital.com.

For more information: www.benaissance.com
Contact: [email protected]
Phone: 887-884-7021



CONTACT:

Benaissance
John B. Jenkins
President & CEO
877-884-7021
www.benaissance.com
[email protected]

KEYWORDS:   United States  North America  Massachusetts  Nebraska

INDUSTRY KEYWORDS:   Technology  Data Management  Internet  Software  Professional Services  Banking  Finance  Human Resources  Insurance

MEDIA:

Logo
 Logo

Suggested Articles

The profit margins and management of Community Health Group raise questions about oversight of managed care insurers.

Financial experts are warning practices about the pitfalls of promoting medical credit cards to their patients.

A proposed rule issued by HHS on Tuesday would expand short-term coverage, a move Seema Verma said will have "virtually no impact" on ACA premiums.