Banner ProcessWorks takes into account all of your administrative, communication, reporting and compliance needs, our service approach addresses them with full scope. Our systems, processes and professionals provide valuable HR functions that work compatibly with yours.
 
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Retiree Billing

Retiree Billing services are available to employers who provide health care benefits to their retirees and dependents but require them to pay a portion of the cost. Record keeping and premium collection associated with retiree benefit administration is often time-consuming and cumbersome for employers.

ProcessWorks has automated systems that can provide this administrative function efficiently, accurately and affordably.

Proven Processes

Administration

  • Comprehensive communication materials to notify retirees of ProcessWorks' role
  • Complimentary distribution of payment coupons
  • Monthly premium collection done systematically to verify accuracy, if shortage/insufficient funds surface, payments top immediately
  • Optional monthly premium withdrawal (ACH) from retirees checking or savings account at no extra charge
  • Prompt delivery of a monthly consolidated check

Employer Reports

  • Payment status of enrolled retirees
  • Summary listing of retiree coverage terminations
  • Disbursement listing of carriers, coverages, participants, and premium amounts

Data Management with data archival going back at least 7 years.

Customer Service provided toll-free support through our Customer Care Center.

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