Billing Reconciliation and Payment Service
Leave it to us – you’ve got enough on your plate
Reconciling and paying carrier bills is a tedious and time consuming process. Our Billing Reconciliation and Payment Service takes care of the process from end to end, giving you more time to focus on higher-value activities.
- Gather Bills: PBS receives bills from carriers
- Audit and Reconcile Bills: PBS audits and reconciles list bills and prepares self-reported bills using enrollment data.
- Generate and Consolidate Invoices: PBS generates a monthly consolidated invoice listing the totals for each carrier. The invoice and supporting documents are uploaded to a secure FTP site for client access.
Why Billing Reconciliation and Payment?
Save Time
Let someone else sync up the bills to ensure correct payments
Reduce Stress
Stop tedious comparisons between enrollment and carrier records
Minimize Risk
Ensure premium payments are made and discrepancies are resolved