Significa Benefit Services Utilizes Benefit Informatics’ Data Analytics Technology for Plan Analysis and Reporting
Data Analysis and Reporting streamlines client reporting process and provides efficiency
TULSA, OK / LANCASTER, PA – October 27, 2011 – Significa Benefit Services (SBS), a Pennsylvania-based Third Party Administrator (TPA) of self-funded benefit plans for employers, churches, unions and other organizations is noted for offering comprehensive and customized service to its clients for two decades.
Significa Benefit Services has implemented Benefit Informatics Web-based Data Analysis and Reporting technology to provide enhanced online plan analysis and reporting for clients, brokers and consultants. SBS utilizes Benefit Informatics data integration services to consolidate multiple claim and benefit sources into one data warehouse which presents a comprehensive view of benefit plan trends and cost drivers.
“Implementing Benefit Informatics technology into our operations has allowed us to offer our clients another level of transparent plan analysis to assist employers to better understand benefit utilization patterns and member preferences,” said Lucille Connors, President of Significa Benefit Services. “We utilize Benefit Informatics data analytics software to provide both standard and ad-hoc reporting for our clients. And because the system is online, we are able to grant access to analytics to our clients, brokers and consultants.”
The flexibility available within the Benefit Informatics Software as a Service (SaaS) applications allows SBS to access plan data for every client, including medical, pharmacy and dental claims from multiple data sources. With this data from disparate sources integrated into one platform on a regular basis, SBS clients have access to the most timely benefit plan information to proactively manage plans and control costs.
“We are very pleased to be a valuable technology partner with Significa Benefit Services,” said Philip Kurtz, President of Benefit Informatics, a Benefitfocus company. “We share similar goals and values with SBS. We both work to provide flexible, customized and actionable management reporting that meets the needs of our customers.”
