Financial Services

1. Benergy Interworks™, a business unit
of A.D.A.M., is focused on delivering a
better benefits experience for everyone.
With our BenergyTalentworks™
online benefits technology solutions,
we’re helping employers save time and
money, improve employee satisfaction,
and reduce compliance risks – all with
the goal of significantly streamlining the
way they manage benefits. And for
employees, this means online access to
the information they need to better
manage their benefits and better
manage their lives.
Meeting Your Health Care Financial Needs
Benergy Financial Services includes flexible spending account (FSA), COBRA, and
Consolidated Billing services administered by OptumHealthSM
Financial Services.
Enrollment Services
Administering a FSA plan can be daunting. It’s no wonder that the trend has been
for plan sponsors to outsource this important function to experts. Our FSA product
delivers the expertise, systems, and protections so you can redeploy your team to
focus on your business.
Combine FSA administration with Benergy Communications, and you have a
powerful tool to provide and communicate important benefits — while cutting
down the administrative tasks of your HR personnel.
BENEFITS:
Full administration and claims processing
Plan sponsor and participant access via Benergy
Participant access to account balances, claims and reimbursement information,
denied claims, and other information
Single debit card for multiple products
Employee access to
claims forms, balances,
and claims history
11-19-2010
Benergy InterworksTM
, a business unit
of A.D.A.M., is focused on delivering a
better benefits experience for everyone.
With our BenergyTalentworksTM
online benefits technology solutions, we’re
helping employers save time and money,
improve employee satisfaction, and reduce
compliance risks – all with the goal of
significantly streamlining the way they
manage benefits.And for employees, this
means online access to the information
they need to better manage their benefits
and better manage their lives.
adam.com | 800.755.ADAM

2. COBRA Administration
Outsourcing COBRA administration is a smart way to reduce your risks and
focus resources on your business. For most employers, COBRA, HIPAA and
state continuation law administration are not primary functions for the company,
and the owners may not understand the complexity of the requirements and the
risks of improper administration.
Through our COBRA Administration product, we help you stay on top of
emerging statutes, regulations, and court cases that impact how plans maintain
compliance.This helps to ensure that the administration of the program
satisfies the stringent requirements that apply to the COBRA, HIPAA, and
state continuation benefits you provide.
BENEFITS:
Comprehensive, end-to-end COBRA administration service for both state and federal
continuation laws
Plan sponsor access via Benergy
Qualifying event services including mailing of election packages, enrollment forms, and
premium payment coupons
Communication of all COBRA elections and changes to carriers
Collection and tracking of premium payments
Detailed monthly reports for plan sponsors
Consolidated Billing
With Consolidated Billing, you can reduce time spent on the complicated tasks
of maintaining group health and welfare eligibility databases, disbursing payments
to carriers, and reconciling monthly bills to make sure adjustments are properly
made. Our Consolidated Billing product also delivers remittance information
and claim payments electronically from you to your providers.
BENEFITS:
Setup and maintenance of master database to track health plan and employee information
Disbursement of premium payments to carriers
Single draft for all carrier invoices
Reconciliation of monthly bills to ensure invoices match enrolled participants
Management of invoice disputes and credits
Detailed monthly report for employers
OptumHealth Financial ServicesSM
provides tax-advantaged accounts for
health care savings and spending,
innovative medical and debit card
technology, benefits administration
servcies, print, and electronic payable
solutions for the health care industry.
We make health care simpler, more
accessible and more affordable.
Visit us at OptumHealthFinancial.com.
The trusted source for employers
With extensive experience in the HR benefits market, we understand this
business and we’re committed to continually expanding our solutions to
meet dynamically changing market demands. It’s no wonder that Benergy
is trusted by thousands of employers and millions of employees across
the U.S., and we’re ready to start helping your organization today!