Thursday April 05, 2012

Benefit Management, Inc. Implemented Planwatch for Reporting on Actionable Data and Plan Modeling

Stow, Ohio, April 5th, 2012 – Benefit Management, Inc.(BMI) has implemented Planwatch to offer their clients an in-depth, real time, claim analysis, disclosure reporting and plan modeling application. By implementing Planwatch, it has enabled BMI to streamline the reporting process and provide the resources necessary to monitor and maximize a plan’s performance while minimizing plan expenditures. These vital resources, imperative in today’s market, will allow BMI to deliver reviews more effectively and efficiently - leading to greater client persistence and satisfaction.

“Planwatch has played a crucial factor in the growth and retention for all our current TPA relationships block of business. BMI recognizes this value proposition and understands the important role Planwatch plays in their day to day reporting operations.” said Georgeann Seuffert, Planwatch Vice President of Sales. “By implementing Plawatch, it will grant BMI’s clients and broker partners an easy to use, intuitive and instantly accessible reporting package that provides an invaluable tool for evaluating their plan’s performance. Most importantly, Planwatch will aggregate actionable data and allow BMI to present detailed claim information in a way that every client can understand and use the data as leverage to improve plan design and performance.”

“The partnership with Planwatch will provide information to our clients that have not been readily available at a moment’s notice in the past,” said Mike Minton, BMI Vice President of Sales. “The tools give BMI a great advantage in the TPA world and help our brokers to implement strategies for lower costing health care in a more efficient manner. BMI looks forward to the many successes that Planwatch will bring in business growth and retention”

ABOUT Benefit Management Inc.: Benefit Management Inc. (BMI), located in Great Bend, Kansas with offices in Overland Park and Wichita, Kansas, provides customized, high-quality health benefits administration programs to self-insured companies, association plans and to state and federal high risk pools nationwide. Founded in 1995, BMI has more than sixteen years of experience and has become one of the Midwest’s leading third party administrators (TPAs), with a reputation for flexibility, innovative services, outstanding customer service, and other unique advantages. BMI currently administers benefits for 45,000 lives nationwide ranging from small employers with a single location to national employers with multiple work sites across the country. BMI is recognized as the leading TPA for state and federal high risk pool administration serving Kansas, Iowa, Alaska, Washington and New Hampshire. For more information about BMI please visit www.bmikansas.com or contact Mike Minton, Vice President of Sales and Marketing, at (800) 290-1368 or mminton@bmikansas.com.

ABOUT ProServe Health Informatics: Planwatch is a product of ProServe Health Informatics. It was developed in 2005 by company co-founders who recognized both the need and the solution for an economical, user-friendly, high level data analysis and reporting system for Third Party Administrators, Insurance Companies, Self-Administered Employer Groups, Stop Loss Carriers, Cost Containment Companies and Claim Adjudication Systems. This web based product allows Third Party Administrators to gain a thorough understanding of the needs of an employer population. By streamlining the reporting process, TPAs are able to share this valuable detailed claim information to assist their broker partners in proper claims management. Planwatch reporting packages include on demand reporting, comprehensive analysis, data exploration, historical plan modeling and disclosure reporting. For more information about Planwatch, visit their website: www.plan-watch.com or contact Georgeann Seuffert, Vice President of Sales at (888) 275-2242 ext 303 or gseuffert@proservehealth.com.