USAble Life Installs FINEOS Platform for Integrated Disability and Absence Management
23 Marzo 2021 - 3:05PM
Business Wire
Carrier prioritizes seamless customer
experience by investing in the cloud-based FINEOS Platform
FINEOS Corporation (ASX:FCL) has announced that client USAble
Life® has gone live on the FINEOS Platform for their Short-Term
Disability and Absence Management lines of business.
“Investing in the FINEOS Platform was a key part of our
strategic mission to enable straight-through processing with low to
no-touch claims,’ said Rich Macy, USAble Life COO, “This
advancement will allow us to leverage technology to provide a
seamless, positive experience for our Short-Term Disability and
Absence Management customers.”
The cloud-based FINEOS Platform is the leading integrated
disability and absence management (IDAM) solution. Using the FINEOS
Platform for IDAM simplifies complexity by automating processes
around paid and unpaid absences, including Short-Term Disability
claims. The solution helps carriers and employers remain in
compliance by giving them access to industry-leading configuration,
rules, workflow, tasks, document management, and benefit payment
capabilities.
“We couldn’t be more pleased with this go live of the FINEOS
Platform for USAble Life. It’s always thrilling to empower a new
client to provide better service for their customers, and we look
forward to supporting USAble Life in this shared goal,” said
Michael Kelly, FINEOS CEO. “The future of Absence Management is in
fully integrated modern core Group Administration that makes this
complex market easier to navigate. By using the FINEOS Platform for
IDAM, USAble Life will be able to remain competitive in this
changing employee benefits landscape that demands digital
transformation.”
This new engagement with USAble Life follows a year of
unprecedented go live success for FINEOS in 2020 with 10 major
carrier clients going live with 8 new installations and 7 upgrades
of the FINEOS Platform for Employee Benefits.
For more information on the FINEOS Platform please visit
https://www.fineos.com/platform/.
About FINEOS Corporation
FINEOS is a leading provider of core systems for life, accident
and health insurers globally with 7 of the 10 largest group life
and health carriers in the US as well as 6 of the largest life
insurers in Australia. With employees and offices throughout the
world, FINEOS continues to scale rapidly, working with innovative
progressive insurers in North America, Europe, and Asia
Pacific.
The FINEOS Platform provides core administration capabilities
including integrated disability and absence management (IDAM),
billing, claims, payments, policy administration, provider
management and new business and underwriting; all of which are
configurable to operate independently or as FINEOS AdminSuite, the
leading Employee Benefits end-to-end core administration suite with
fully integrated Absence Management.
For more information, visit www.FINEOS.com.
About USAble Life
Headquartered in Little Rock, Ark., USAble Life provides
best-in-class ancillary insurance solutions (dental, life,
disability, and supplemental products) that align and integrate
with health plan offerings.
Uniquely owned by a joint venture of independent Blue Cross® and
Blue Shield® plans, USAble Life employs almost 500 people with
additional hubs in Jacksonville, Fla. and Honolulu, Hawaii. USAble
Life products are licensed to sell in 49 states and the District of
Columbia. USAble Life maintains an “A” excellent rating from A.M.
Best. For more information, please visit usablelife.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210323005767/en/
Victoria Jamison Sr. Marketing Manager FINEOS Corporation + 353
1 639 9700 victoria.jamison@FINEOS.com
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