AdminaHealth: Group Employee Benefits Billing Reimagined
Benefits Billing Reimagined - Streamline and Automate Bill Consolidation, Reconciliation, and Payment Management
Cost Allocation
For clients who have employees who work across multiple departments or locations within their organization and need their benefit costs spread across these divisions.
Using AdminaHealth’s Sub-Consolidated Billing module, simply set up the system to allocate a percentage of the entire month’s benefit premium bill to each division.
Best for organizations such as:
- School Districts
- Car Dealerships
- Hotel Chains
- Governmental Organizations
- Fast Food Franchises
AdminaHealth understands the unique challenges of these industries and provides tailored solutions to streamline benefit billing and cost management.
The Success Is in the Details
Each employee uniquely enrolls in benefits (health, dental, vision, accident, etc.) for which premium costs can then simply be allocated across divisions with AdminaHealth technology!
Precise Cost Tracking
Eliminate the headache of manually dividing employee benefit costs across departments or locations. The Cost Allocation feature automates the process, ensuring each division bears its accurate share based on pre-defined percentages. This improves financial transparency and accountability, making budgeting and cost forecasting more accurate.
Simplified Billing and Invoicing
Instead of receiving a single bill for the entire organization, each department or location receives a sub-consolidated bill reflecting their allocated portion. This simplifies invoicing and payment processes, saving time and minimizing confusion.
Enhanced Operational Efficiency
Manual cost allocation is prone to errors and consumes valuable administrative resources. The Cost Allocation feature automates this task, freeing up your staff to focus on other critical tasks. This increased efficiency translates to cost savings and improved overall operational performance.