EESI Benefits Signs Agreement With Adjudicare(R)
July 03 2012 - 9:30AM
Marketwired Canada
Automated Benefits Inc.(R) ("Adjudicare") a wholly-owned subsidiary of Automated
Benefits Corp.(R) (TSX VENTURE:AUT), a web-based software solution that enables
insurance brokers and third-party administrators across Canada to adjudicate
health and dental claims on behalf of their group benefit clients, is pleased to
announce the formalization of a multi-year agreement with Edgewater Employee
Services Inc. ("EESI Benefits").
EESI Benefits was the first to create a national network of preferred
paramedical providers and today leverages that network to accomplish their
mission of providing plan sponsors and members greater value and better
benefits. Beginning July 2012, EESI Benefits will implement the Adjudicare
platform in order to enhance plan member experience with real-time precise
claims adjudication and online portal access for its valued members.
"The solutions and products offered by Adjudicare enable us the flexibility we
were looking for in a leading-edge technology platform," comments Scott Beckett,
President, EESI Benefits. "We can continue to use our unique plan design and
preferred vendor network and together with the implementation of Adjudicare, we
will deliver an even more effective claims administration experience for our
benefit plan sponsors."
"After conducting an extensive search of what technology was available in the
market, I am proud that EESI Benefits saw value not only in the Adjudicare
system, but also the in the relationships that can be built through our network
of strategic partners across Canada," states Richard Adair, President,
Adjudicare. "EESI Benefits have a distinct and innovative approach to the market
and we are excited to be able to create a long term relationship with them and
their provider network in furthering our online claims submission strategy."
About Automated Benefits Corp.
Automated Benefits Corp.(R) (TSX VENTURE:AUT) a progressive software company
dedicated to developing applications for the insurance industry. The
organization currently has two platforms: Adjudicare(R) and Symbility(R).
Adjudicare an advanced, practical web-based software solution used by a network
of Employee Benefits Brokers and Third-Party Administrator partners across
Canada in the adjudication of health and dental claims. Adjudicare's rules-based
engine and leading-edge features ensure that claims are precisely adjudicated
and paid in real-time, giving our partners' customers optimum flexibility, along
with transparent disclosure on the benefit plan's financial performance.
Symbility Solutions cutting edge, easy-to-use, cloud-based claims processing and
estimating technology that optimizes claims performance for Property & Casualty
insurance industry. Relying on the most extensive and defendable property cost
data developed by Marshall & Swift/Boeckh ("MSB"), our collaborative workflow
management, mobile estimating, claims triage solutions and analytical services
allow insurers to reduce costs while delivering a market-leading claims
experience. Symbility Claims Solutions, used in conjunction with MSB's
Underwriting Solutions, means property insurers now have a dynamic,
market-driven enterprise solution. Providing a virtuous feedback loop between
claims and underwriting systems, this enterprise solution allows insurers to
manage property risks more proactively and effectively.
All trade names are the property of their respective owners.
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