BAS offers a suite of premium billing solutions on the MyEnroll360 platform, including Retiree, COBRA, Direct (individual), and Location premium & expense billing services.
Retiree Premium Billing
When your retirees contribute to some or all the cost of their retirement benefits such as medical, dental, vision, life insurance and other benefits, BAS’ retiree premium billing provides all the services you need to communicate, bill, collect, remit and service throughout the plan year. Click here to learn more.
Direct Premium Billing
Like Retiree Premium Billing, Direct Premium Billing services include communications, billing, collection, and remittance. Typically, Direct Premium Billing supports employees on some sort of leave such as leave of absence, FMLA, leave without pay, and more. Click here to learn more.
COBRA Premium Billing
As part of BAS’ Cobra Control Services, we offer complete COBRA compliance notification, premium billing & collection. The premium billing, collection & remittance is a vitally important aspect of this comprehensive service to ensure you receive the correct premiums and on time.
Location Premium & Expense Billing
When you have decentralized operations (e.g., a chain of restaurants, religious group with churches and schools) and you need to bill each entity for its pro-rata share of insurance premiums and other expenses, the BAS Location Premium & Expense Billing is the perfect solution. Click here to learn more.
Reasons To Outsource Your Premium Billing
- No question that managing premium billing & collection process can chew up a lot of time. Win back your and your team’s day by outsourcing your premium billing & collection to a professional firm that has the systems and automation to do it right and on time.
- All of BAS’ premium billing services support the entire billing, collection, remittance, and communication processes. In fact, one of the great benefits of BAS direct billing solutions is they create highly efficient and expeditious processes that do the work for you.
- We know that successful technology solutions are all about great implementations. To this end BAS has tried-and-true, highly detailed implementation plans & practiced processes that will ensure an on-time and 100% operational implementation - guaranteed.
- BAS’ MyEnroll360 plays nicely with other systems. If your enrollment, HRIS or other system can support sending and receiving data via Electronic Data Interchange files (EDI) or Application Programming Interfaces (APIs), then we’ll be able to integrate those systems and our MyEnroll360 for your peace of mind.
- Unlike many Software as a Service (SaaS) applications that require users to learn all about setup, operations, reporting, and more, BAS runs your programs for you on MyEnroll360.
- Our full-time programming and implementation teams will craft an invoice design that ensures you can present precise billings with the descriptions and messaging that best suit your needs.
- You may choose from our many premium collection options including having payments sent to your organization directly, or having BAS collect, reconcile, and remit funds to your organization.
- You can offer one or a combination of our payment options including payments by check, credit card, debit card, user-initiated ACH, and/or BAS initiated/automated ACH.
- Collecting checks can be a time consuming and risky process. You can solve this issue with BAS’ lock box collection service. We have bank-operated lock boxes on the West and East coasts. Our bank manages the collections and processing for the most timely and secure method of receiving payments by check.
- BAS’ billing department process hundreds of millions of dollars annually and has tried-and- true processes that ensure highly accurate and secure collection, reconciliation, and timely remittance back to your organization.
- BAS tightly integrated premium billing and collection service ensures that your accounts receivable is accurate. Our timely collections, posting and automation ensures your reports are relevant and useful.
Contact your account manager or email solutions@BASusa.com to find out more about BAS’ premium billing, collection and remittance services.
Benefit Allocation Systems (BAS) provides best-in-class, online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.
MyEnroll360 can Integrate with any insurance carrier for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and many others), and integrate with any payroll system for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and many others).
