HealthPlan Services (HPS), a technology and administrative services provider for the insurance and managed care markets, is launching RebateLink, a flexible processing solution that reduces costs associated with medical loss ratio (MLR) rebates.
"Managing the MLR and administering rebates requires substantial resources and sophisticated systems that many carriers simply do not have," said Jeff Bak, president and CEO of HPS. "RebateLink provides the tools carriers need to comply with MLR mandates and manage the processing and distribution of rebates in a timely, cost-efficient manner."
RebateLink reduces administrative costs, improves compliance, and mitigates the risk of civil penalties by providing the infrastructure necessary to efficiently comply with MLR mandates.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
