Employers lose hundreds and thousands of dollars each year due to overpayment of premiums to insurance carriers. Why? Premium management and reconciliation are time-consuming and confusing, plus they typically have to take a back seat to the more pressing daily issues facing employers.
The premium reconciliation services from Savers Admin will help you save money! Our premium reconciliation service includes everything you need to ensure that your premiums are paid correctly and on time. Medical, dental, life, disability, and ancillary products—we’ll make sure each invoice covers only those employees and dependents who are currently participating (and that all eligible employees are included). Plus, no more communicating additions, changes, and terminations to your carriers: Savers Admin does it for you!
And, you can forget about reconciling payroll deductions to the premium invoice and reconciling the general ledger to the insurance-related accounts. Savers Admin will communicate any exceptions and changes to your accounting department. Say goodbye to unnecessary overhead costs and hello to Savers Admin!