| Health Care Insurance System | | | | payment is complete, the human factor (h-factor) |
| For years the health care insurance company's | | | | involvement is thus greatly reduced. |
| agents were able to initiate critical day-to-day | | | | In-Force Automation encompasses all the business |
| tasks only by contacting company | | | | functionality associated with in force transaction |
| representatives at the insurer's major office. With | | | | processing, the following processes are completely |
| sales volume on a steady rise, this duplication of | | | | automated by In-Force: |
| effort was becoming increasingly inefficient and | | | | >>Cancellation/reinstatement |
| burdensome for everyone involved. | | | | >>Policy correction |
| The company's employees and agents were | | | | >>Endorsements |
| straining to process lots of policy documents each | | | | >>Renewals and non-renewals |
| day. Integrating and streamlining policy application | | | | >>Detailed policy transaction history including |
| and document processes would ease | | | | "point-in-time" detail |
| administrative headaches for agents and greatly | | | | >>Diary, notes and renewal information windows. |
| strengthen relationships with their customers. | | | | >>Export data in CSV format |
| Healthcare Management Administration | | | | Claims Processing : |
| Radix offers healthcare insurance system for | | | | Claims processing accurately tracks and reports |
| health care insurance services companies. We | | | | Losses claim by customers. Claims module was |
| offer online health insurance policy management | | | | designed to handle simultaneous claims by sharing |
| system for health care services management like | | | | data between the policy and claims modules. |
| preparing, printing, mailing, storing and retrieving | | | | When a new claim is created within the claims |
| policy documents. Our online health care | | | | module, the system automatically verifies |
| administration management can reduce your time | | | | coverage, coverage limits, deductibles, and |
| and cost of manual system and you can sell online | | | | aggregates based upon the date of loss. The |
| health insurance policy from our online health | | | | Claims module allows for complete tracking, |
| insurance policy sales and management system. | | | | review, and reporting of Reserves, Payments, |
| Health Care Services Management - Web Based | | | | Expenses, Salvage, Subrogation, Losses by Peril |
| Insurance Solution | | | | and Sub-Peril, Adjuster Diary notes, as well as |
| Consistent, integrated web based quoting engine : | | | | Statutory reporting, Named Catastrophe tracking, |
| Web based quoting engines is a full-function | | | | and integrated claim letters that automatically |
| browser-based transaction application that allows | | | | incorporate and merge claim and policy |
| you to establish a unified, service-oriented process | | | | information into the letter. >>Renewals. |
| to quote and issue insurance policies. Designed to | | | | >>Reports. |
| maximize flexibility and ease integration, web | | | | Radix Health Care Insurance System Benefits : |
| based quoting engine is the robust marketing tool, | | | | The following benefits were derived from the |
| equipped with dynamic, easy user interface. | | | | Policy Management System developed by |
| For each policy, the insurance details are | | | | Radixweb: |
| dynamically created in to PDF documents, they | | | | >>>>>The client handled his core business with |
| automatically attach to the policy with descriptions | | | | the Radix-developed internet based Policy |
| and dates. Thus, the management, underwriting, | | | | Management System and the robust architecture |
| claims, and authorized external users achieve over | | | | enabled the client to enhance productivity and cut |
| 75% time, effort saving. The system also | | | | costs. |
| replaces the old-school method of having to go to | | | | >>>>>Manageability of the system was improved |
| find a paper based file again. The following are | | | | because Radixweb consolidated various systems |
| some of the key features provided by the | | | | into a single homogenous entity. This lowered |
| system. | | | | maintenance costs and ensured lesser downtime. |
| >>>Web-enabled data entry | | | | >>>>>All the data residing on contrasting |
| >>>Ability to view detailed breakdown of | | | | systems were combined and put into a single |
| premium summary | | | | database. Access was also enhanced and all users |
| >>>Automatic reflection of pre-defined | | | | could get complete access to any data required, |
| characteristics from the Product Developer and | | | | any time. Consolidation of data also led to higher |
| Configuration such as coverage's, rates, and | | | | customer service levels and reduction in customer |
| forms etc... | | | | query response times. |
| >>>Ability to edit and save multiple quote | | | | >>>>>The application catered to the needs of |
| iterations | | | | the users all over the France, and this |
| >>>Easy transition from quick quote and/or full | | | | standardized the administration process. |
| quote to issued policy | | | | >>>>>Many of the tasks that were earlier being |
| >>>Document Imaging | | | | handled manually were automated, presenting |
| In-Force Automation | | | | significant efficiency benefits to the client's |
| In-Force Automation streamlines the business | | | | operations. |
| processes associated with managing policies. By | | | | >>>>>The automated flow of data between the |
| in-force the term applies to automation achieved | | | | databases belonging to the two separate modules |
| by the solution. For e.g. in force automation will | | | | was transparent and seamless, and this also |
| complete pending policy registration whose | | | | contributed to lower cost. |