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STIEL/IPS, Inc. Presents

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Presentation on theme: "STIEL/IPS, Inc. Presents"— Presentation transcript:

1 STIEL/IPS, Inc. Presents

2 STIEL/IPS Founded in 1982 as an independent IT Consulting Company.
Offered application development to Insurance, Health Care and group membership associations. 1990 – Installed custom designed Health Insurance Billing Application for a group membership association. 1998 – Developed a newly engineered integrated TPA Insurance Billing application utilizing the latest technology from Microsoft Corporation. Installed new TPA Insurance Billing System at the Roman Catholic Diocese of Portland, Maine. 2002 – Released TPA Insurance Billing 2.0 offering Worker’s Compensation and Pension Billing Administration

3 TPA Insurance Billing A complete Third-Party Administration (TPA) Insurance Billing system for non-profits, self-insurers, associations and TPA’s Four fully-integrated modules: Property and Casualty, Worker’s Compensation, Employee Benefits and Pension Billing Administration. Seamless and automated interface to most popular commercial and fund accounting software packages.

4 Property and Casualty Billing

5 Property and Casualty Billing
Flexible invoicing cycles; Monthly, Quarterly, Semi-annual and Annual billing for Properties, General Liability, Equipment and Vehicles. Integrated with most popular commercial and fund accounting Accounts Receivable modules. User-defined flexible billing factor matrix. User-defined rate factors for Customer, Property Type and Individual Properties. Property Database. Vehicle and Equipment Database.

6 Property Database Complete property description.
Individual property revaluation and global change. Revaluation what-if analysis. Complete revaluation history. User-defined property types. Billing rate by property value or user-defined factor. Fast property lookups and easy maintenance.

7 Vehicle and Equipment Data Base
Complete descriptions for vehicles and capital equipment. User-defined vehicle and equipment types. Separate billing rate factors for Vehicles and Equipment. Fast lookups and easy maintenance.

8 Employee Benefits Billing

9 Employee Benefits Billing Features
User-defined Benefit Plans and Employee Coverage’s. Multiple Benefit Plans for a Customer. Multiple Benefit Plans for an Insurance Carrier. Multiple Coverage’s for a Benefit Plan.

10 Employee Benefit Features
Coverage Effective Date-driven billing by customer and individual. Flexible invoicing cycles, monthly, quarterly, semi-annual and yearly. User-defined capability for offering multiple types of benefit plans; Medical, Dental, Vision Care, Life, STD, LTD, Prescription Drugs, and AD&D insurance. Electronic TPA remittances to Third-party Administrator and Insurance Carrier. Employee (Insured), Dependent and Physician databases.

11 Pension Billing Administration

12 Pension Billing Administration Features
Multiple Pension Plan Administrators. Multiple Pension Plans for an Administrator. Date-driven invoicing by customer and individual employee plan. Electronic TPA Remittance to the Administrator and/or Insurance Carrier. Integrated Employee database.

13 Technology Microsoft Access 2000/Visual Basic 6.0.
Microsoft SQL Server 2000. Object-oriented design. Components architecture. Fully-compatible with Microsoft Office 2000/XP. User-defined reports through Microsoft Access Reporting and Crystal Reports

14 Worker’s Compensation Billing

15 Worker’s Compensation Billing
Audited and actual rates Claims tracking by customer and employee. Yearly audit statement. Recurring monthly invoices and payment plan processing

16 Coming in 2002 New Account Receivable Module interfacing with Customer’s General Ledger software. Worker’s Compensation Claims Tracking. Expanded Retroactive Adjustment options in Employee Benefits. Retroactive adjustments for Property and Casualty, General Liability and Vehicle insurance. Web-based Customer Self Service for employee, dependent and coverage changes in Employee Benefits.

17 TPA Insurance Billing Advantages
Integrated software, rich in features, easy to learn and simple to operate. Modern design using proven Microsoft technologies. TPA Insurance Billing Fully-integrated with the more popular commercial and fund accounting solutions.

18 The STIEL/IPS Advantage
Over 45 years of combined experience in Group Insurance Billing and Third-Party Administration.


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