Peak1\'s Features


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Peak1\'s exciting new features!

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Peak1\'s Features

  1. 2. New Features at Peak1! <ul><li>Peak1 Going Green Solution </li></ul><ul><li>Consumer Data Exchange (CDEX) </li></ul><ul><li>Claims Exchange (CEX) </li></ul><ul><li>Mobile App </li></ul><ul><li>HSA Self-Registration </li></ul><ul><li>FSA Self-Registration during Open Enrollment </li></ul><ul><li>Custom Reimbursement Schedule </li></ul><ul><li>Custom Reporting Solution (CRS) </li></ul><ul><li>OnDemand Reporting </li></ul><ul><li>Broker Portal </li></ul><ul><li>Recorded Webinars </li></ul>....Coming Soon
  2. 3. Save Green by Going Green <ul><li>Tier 1 </li></ul><ul><li>Electronic Reporting </li></ul><ul><li>File Enrollment </li></ul>(Requires Tier 1) (Requires Tier 1) <ul><li>Tier 3 </li></ul><ul><li>Automatic Employer Funding and Bill Payment Required </li></ul>Receive a 15% discount! Receive a 35% discount! <ul><li>Tier 2 </li></ul><ul><li>Direct Deposit and Debit Card or Claims Exchange/PTP Required </li></ul><ul><li>Electronic Claims Submissions (online, fax or email) </li></ul><ul><li>Electronic Employee Communications </li></ul><ul><li>Reporting </li></ul><ul><li>File Enrollment </li></ul>(Requires Tier 2)
  3. 4. Consumer Data Exchange <ul><li>Employer Benefits: </li></ul><ul><ul><li>Automating the enrollment process removes the need for distributing and collecting paper enrollment forms </li></ul></ul><ul><ul><li>Securely transmit enrollment changes, terminations and additions electronically </li></ul></ul><ul><ul><li>Qualified client for Peak1 Green Discounts! </li></ul></ul>Lower costs by reducing paperwork! CDEX is a data Integration solution that accepts electronic data files for enrollment purposes. CDEX is compatible with HRIS and Payroll Systems!
  4. 5. Data Records Accepted
  5. 6. <ul><li>Claims Exchange is a data integration solution that accepts and automatically processes electronic data files that contain consumers’ eligible expenses not covered by the Health Plan. </li></ul>Participant Claims Exchange & Pay the Provider <ul><li>Effective way to partner with a Health Plan </li></ul><ul><li>Provides a convenient way for participants to automatically access their FSA and/or HRA funds </li></ul><ul><li>Saves your client money by using a Peak1 Green Solution </li></ul><ul><li>Limits service calls from employer and/or employees </li></ul><ul><li>Save money by using a Peak1 Green Solution </li></ul><ul><li>Faster claim processing time for greater employee satisfaction </li></ul><ul><li>Faster reimbursements with the option to pay the provider </li></ul><ul><li>Can still offer the Peak1 Debit Card </li></ul><ul><li>Limits service calls from employer and/or employees </li></ul><ul><li>No manual claims submission </li></ul><ul><li>No substantiation of out-of-pocket expenses is required when a claim is received directly from a Health Plan – 100% Auto Substantiation </li></ul><ul><li>Payments can be made directly to the provider – no out-of-pocket </li></ul><ul><li>Eliminates employee confusion on eligible expenses and how to submit claims </li></ul>Employer Agent
  6. 7. Carrier Integrations Advance PCS Aetna Aultcare Anthem BlueCross BlueShield Anthem BlueCross BlueShield Virginia Anthem BlueCross BlueShield Virginia/Trigon Anthem Trigon Anthem BlueCross BlueShield Ohio BlueShield of California BlueCross of California BlueCross of Idaho BlueCross BlueShield of Alabama BlueCross BlueShield of Minnesota BlueCross BlueShield of Georgia BlueCross BlueShield of New Jersey BlueCross BlueShield of New Mexico BlueCross BlueShield of North Carolina BlueCross BlueShield of Oklahoma BlueCross BlueShield of Texas BlueCross BlueShield of Illinios BlueCross BlueShield of North Dakota BlueCross BlueShield of Vermont BlueCross BlueShield Wellpoint Premera Blue Cross PTI-BCBS (IL/TX) Blue Choice Highmark BlueCross BlueShield HMSA / BlueCross BlueShield Hawaii Mountain State BlueCross BlueShield Caremark CatalystRx CDPHP / CDPHN New York Cigna Cigna Behavioral Health Davis (Vision) Delta Dental Delta Dental of California (Dental) Express Scripts First Health Humana Louisville Hyde Rx Kaiser Foundation Health Plan Lumenos Medco Merck Medco Mercy Health Plan Met Life Met Dental PacifiCare Pharmaceutical Tech Preferred Care PMD Preferred Plus Kansas Presbyterian Health Plan Prime Therapeutics Priority Health United Healthcare United Healthcare Midwest United Healthcare Chicago United Healthcare Cleveland United Healthcare Colorado United Healthcare Tennessee United Healthcare Utah United Healthcare Wisconsin UPMC VSP Wausau
  7. 8. <ul><li>iPhone and Android Mobile Apps </li></ul><ul><li>Available Via: </li></ul><ul><ul><li>Consumer Portal </li></ul></ul><ul><ul><li>Apple App Store </li></ul></ul><ul><ul><li>Google Android Market </li></ul></ul><ul><li>Simple Login </li></ul><ul><li>Access Account Details, Available Balance and Important Dates </li></ul><ul><li>Convenient Customer Service Contact Information </li></ul><ul><li>File Claims with Camera-Based Receipt Imaging </li></ul>Peak1 Mobile
  8. 9. HSA Self-Registration <ul><li>Self-Registration is an online tool that allows eligible participants to enroll themselves into the HSA with Peak1 Administration. During self-registration they will enter their demographics, create a username, create a password and enrollment in their employer’s FSA or HSA plans! </li></ul><ul><li>Be on the leading edge by offering solutions that meet your clients’ changing needs to achieve high levels of client satisfaction while minimizing your time spent on support </li></ul><ul><li>Provide a one-stop shop by offering FSA, HRA and HSA healthcare account options </li></ul><ul><li>Bring value to your clients by offering Self Registration, an industry leading, technologically superior solution that provides an easy and effective way to enroll into a HSA. </li></ul><ul><li>Access to HSA account details using Custom Reporting Solution with Peak1. </li></ul><ul><li>Save money with lower insurance premiums for employees with high deductible health plans </li></ul><ul><li>Go green with direct deposits and elimination of manual, paper-based claims processes </li></ul><ul><li>Saves time for employers by eliminating the need of paper enrollments to be handed out, collected and submitted to Peak1. </li></ul><ul><li>Promote healthier lifestyle choices with increased employee involvement and 100% covered preventative care </li></ul><ul><li>Save money on matching FICA taxes by offering an HSA solution to employees </li></ul><ul><li>Enjoy triple tax savings with pre‑tax deductible contributions, tax free growth on invested funds and tax free distributions used for qualified medical expenses </li></ul><ul><li>Boost retirement earnings because, after age 65, HSA funds can be used for non‑medical expenses </li></ul><ul><li>Easily track investments using the consumer portal online or through Peak1’s Mobile App. </li></ul><ul><li>Maximize investments by choosing from 10 mutual funds </li></ul><ul><li>Ensure availability of funds with automatic transfers between investment and cash accounts </li></ul><ul><li>Easily access funds with debit or funds directly deposited to your bank account through online distribution or Pay the Provider option. </li></ul>Participant Employer Agent
  9. 10. <ul><li>The process is simple and easy! Participant are given a company code to begin the process. During self-registration they will enter their demographics, create a username, create a password and enrollment in their employer’s FSA or HSA plans! </li></ul><ul><ul><li>A step-by-step manual is available for participants to use </li></ul></ul><ul><ul><li>No need for a full census prior to open enrollment. </li></ul></ul><ul><ul><li>Saves time for employers by eliminating the need for paper enrollments to be distributed and collected prior to the plan effective date </li></ul></ul><ul><ul><li>Eligible for Peak1 Green Discounts! </li></ul></ul>FSA Self-Registration Automate Open Enrollment with FSA Self-Registration!
  10. 11. Custom Reimbursement Schedules Currently, Peak1 offers claim processing reimbursement schedule on Monday, Wednesday and Friday but is pleased to present two new reimbursement schedules: daily and weekly reimbursements. These new options will allow groups the choice of reimbursement schedule that best suits their needs. Changes to reimbursement schedules can only be done during renewal with Peak1. DAILY Daily reimbursement processing will increase turn around time for claim reimbursement requests and thus put money back in participants pocket quickly. WEEKLY Weekly reimbursement processing is perfect for groups with very little reimbursements and that are using the roster notification banking option. If a group offers debit cards they will be receiving daily reports for debit card transactions for all reimbursement schedules.
  11. 12. Custom Reporting Solutions Custom reporting solution gives Peak1 the most industry-leading technology to support our clients with ad hoc, flexible and dynamic reports that are timely and very effective for the needed purposes of a group. Current Employer Reports <ul><li>Banking </li></ul><ul><li>Payment History Report </li></ul><ul><li>Reimbursement Detail Report </li></ul><ul><li>Repayments Report </li></ul><ul><li>Voided/cancelled payments report </li></ul><ul><li>Plan Management: </li></ul><ul><li>Account balance report </li></ul><ul><li>Account Funding Report </li></ul><ul><li>Billing/participation report </li></ul><ul><li>Claim history report </li></ul><ul><li>Enrollment report </li></ul><ul><li>HSA contribution report </li></ul><ul><li>Nondiscrimination Testing report </li></ul><ul><li>Employer Notifications </li></ul><ul><li>Claims reimbursement notification </li></ul><ul><li>HSA contribution notification </li></ul><ul><li>HSA funding collection notification </li></ul><ul><li>HSA mid-year election notification </li></ul><ul><li>Payroll deduction report </li></ul><ul><li>Copy of repayment notification </li></ul><ul><li>Fee funding notification </li></ul><ul><li>Debit Card Reports: </li></ul><ul><li>Fee report </li></ul><ul><li>Funding report </li></ul><ul><li>Settlement Report </li></ul><ul><li>Transaction Report </li></ul>
  12. 13. Broker Portal will offer brokers access to all their groups with Peak1 Administration. It is a quick and easy way to access their group information through a dashboard style format! Broker Portal OnDemand Reporting will provide Employers convenient access to more than 150 pre-packaged reports through the Employer Portal. It provides the ability for employers to create, print, export and schedule reports. Coming soon..... OnDemand Reporting
  13. 14. Recorded Webinars! Peak1 is excited to present recorded webinars for employers and participants. Currently, Peak1 offers FREE quarterly employer and employee webinar training. A schedule of webinars can be found on our homepage,, under Upcoming Events. During the implementation process, all new clients are offered personal employer and participant training. Demonstrations are also available for prospects and agents! Please contact your Peak1 Sales Executive to schedule your demo today! Coming soon.....
  14. 15. Questions?