Alegeus is a leading benefits administration platform used by third party administrators to administer HSA, HRA, FSA and COBRA benefits for employers and consumers.
Your TPA may use Alegeus, WEX Health, DataPath Administrative Services, or a homegrown system to handle benefits administration for CDH or COBRA administration. In fact, some of our clients come to us because they are using many benefit administration systems (e.g. Alegeus CDH and Alegeus COBRA), which adds more complexity to their day-to-day.
We’ve developed solutions specifically designed to help make benefits administration easier, more accurate, and more profitable for those administrators that use Alegeus for COBRA or CDH administration.
TPA Stream Integration with Alegeus
Alegeus is a very powerful benefits administration platform, but there are limits around their ability to collect EOBs for substantiation like our Claims Harvesting product or handle your invoices with the power and flexibility that Employer Invoicing offers.
If you use Alegeus for administration for either COBRA or CDH, TPA Stream directly and securely integrates with these platforms to make administration easier. Rest assured, the integration just works.
What are the benefits of using TPA Stream and Alegeus for benefits administration?
Even though most of the day-to-day administration likely occurs for you within the benefits administration platform itself, we’re here to make all the other stuff easy. Using both WEX Health and TPA Stream, you’ll streamline tasks related to data import and export between WEX Health and other systems that you use regularly. Below, we highlight some of our most popular solutions that supercharge administration with WEX Health.
Alegeus Integrations for Claims Processing
Claims Harvesting connects participant claims data to automate enrollment and substantiation for over 200+ carriers. Participants register with our quick and easy registration process. TPA Stream will send participants a registration email on behalf of the TPA and employer, complete with your branding and a personalized invitation to enroll. Participants can select specific carriers and enter their usernames and password to link their accounts, then we’ll begin pulling claims data for them.
Then, this data is automatically sent to your Alegeus account for automatic substantiation and reimbursement. Claims processing integrations with Alegeus have dramatically reduced our client’s time spent on substantiation and have improved accuracy, making them more competitive and improving their margins.
Employer Invoicing Makes Invoicing and Billing Easier
One of the challenges TPAs have is integrating data from their Benefit Administration system and their invoicing or billing systems. Our Employer Invoicing solution is the missing link between Algeus and your accounting system, allowing you to generate accurate and detailed invoices for your services. It combines all the participant-level information you need plus can consolidate invoices for CDH, COBRA, one-time fees and commission reports. No more back-of-the-envelope math, Access database exports, or questions from brokers or employers about the finer details of the invoice. Accuracy dramatically increases and what’s better: you can charge a premium for this level of service.
If you use Alegeus for even some of your administration, chances are TPA Stream can help you streamline the flow of data between Alegeus and the other software you use daily. TPAs face challenges dealing with this volume of data and consistency across systems, but with the specialized technology solutions we’ve developed, TPA Stream can help your TPA run at its best.