OMAHA, Neb.--(BUSINESS WIRE)--Benaissance, the leading provider of Software as a Service (SaaS) and single point individual subscriber billing solutions for health insurance exchanges, national benefit administrators and health plans, today announced newly released support for online COBRA elections within their COBRApoint SaaS platform.
The new COBRApoint Online Election feature has been designed to accelerate the continuation coverage election and reinstatement process, improve Member user experience, and reduce the opportunity for administrative errors and operational overhead on our administrator customers. Within the secure COBRApoint online Member Portal, the Member accesses a simple, intuitive and streamlined wizard which guides them through the election process, including the option to make premium payments for coverage. Once the election process has been completed, the Member receives confirmation of their health plan continuation elections. Once fully elected, the Member will have full access to the information rich, self-service Member Portal to view real time account information, retrieve communications and make payments.
“Our new COBRApoint Online Election enhancement is an exciting and timely extension to our SaaS solutions platform which will be highly valued by both our customers and their clients and Members,” said Benaissance CEO John Jenkins. The Online Election enhancement supplements the current paper-based election process currently enjoyed by thousands of Members each month.
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 to support management’s plan for growth and expansion into
the administrators, 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 Group and
McCarthy Capital, please visit www.mccarthycapital.com.
For more information: www.benaissance.com
Contact:
sales@benaissance.com
Phone:
887-884-7021