Managed Benefit Plans
Managed Benefit Plans, Inc (MBP) is a Third Party Administrator located in Hackettstown, NJ. They focus on the administration of health care plans for employers who self-fund their benefits. The staff is comprised of insurance and service professionals; each member of their management team has over fifteen years of industry experience.
Their service features include:
- National and Regional PPO relationships which provide a choice of Provider and Hospital for the member, and the opportunity for the employer to realize a meaningful claim savings.
- Internet eligibility, and claim status for the employer, employee and provider.
- 24/7 automated voice response system that verifies an employee’s eligibility status, his/her deductible information, explanation of benefits and claim status.
- A forms-design package that will create all documents ranging from checks and invoices to COBRA coupons and HIPAA certificates.
- The latest changes in the health care administration requirements.
- On line management of the employer’s eligibility through MBP’s web site.
- FSA, HSA, HRA and COBRA administration.
- Comprehensive standard financial reports and customized specialty reports for reinsurance companies insuring a more timely reimbursement of excess stop loss claims.
- “ClaimsMail” MBP’s email notification of receipt, pended status and completion of a claim for both employee and provider.
- Electronic communication with all Insurance carriers for eligibility and changes associated with “OneBill”, the consolidated billing and on-line enrollment service.
Strategic Underwriting Solutions:
Strategic Underwriting Solutions, LLC (”SUS”) was formed to offer high quality health insurance underwriting as an outsource service to insurance companies, Third Party Administrators (TPA), and Managed Care Organizations (MCO). Small group stop loss is one of their primary focuses. They provide customized service levels dependent upon the client’s needs and can develop unique risk manuals and formulas, developed in conjunction with Windsor Strategy Partners, LLC. The partners have formed this organization specifically to respond to a market need for TPA’s, insurers, and MCO’s developing new products where they have all the pieces in place, e.g. efficient processing, distribution, clinical expertise, all of the needed positive factors except for highly qualified and capable medical underwriting.