Press release from Marketwire
Automated Benefits Releases Adjudicare Version 4.1.9 With New Online Claims Access
Tuesday, April 12, 2011
TORONTO, ONTARIO--(Marketwire - April 12, 2011) - Automated Benefits Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is proud to announce the release of version 4.1.9 of the Adjudicare software, featuring exciting enhancements and a new Online Claims Access feature.
The new release enables our partners to offer a branded web-portal to their group benefit clients, which allows employees to view their personal information, claims and payment history for themselves and their dependents. The Online Claims Access feature also provides employees the ability to download documents such as benefit booklets and claim forms. This improved visibility is expected to enhance the employee experience, while reducing the number of inquiries to plan administrators.
In addition, employees can now print their own Explanation of Benefits ("EOB"), eliminating the need to have such documents sent via mail. This facilitates the use of Electronic Funds Transfer to pay claims on a direct-deposit basis, which eliminates the time and cost associated with mailing cheques and employee EOB's.
"The Online Claims Access feature is a natural extension of our conversion of the Adjudicare software to a web-based platform," states Richard Adair, Chief Financial Officer/Chief Operating Officer of Automated Benefits Inc. "This offers exciting opportunities to expand our product into other areas including offering plan administrators the ability to enrol members in the group plan and eventually facilitate claims submission by employees online."
For more information on the Adjudicare product, visit www.adjudicare.com or call 1.866.647.1147.
About Automated Benefits Corp.
Automated Benefits Corp., headquartered in Toronto, Canada, is a software company dedicated to developing applications for the insurance industry in North America and Europe. The Corporation currently has two platforms: Symbility and Adjudicare.
Symbility automates property insurance claims through its three complementary software components which afford users the mobility, speed and control needed to efficiently and quickly move onto the next claim. Symbility Claims Connect is the collaborative workflow management tool that gives every claim participant real-time access to the claims they are working on. Symbility Inside Adjuster is an integrated application designed to streamline the first notice of loss process which leads to faster settlement of claims. Symbility Mobile Claims software is an estimating tool that increases speed, efficiency and accuracy by allowing on-site claims processing.
Adjudicare is a web-based software solution which enables insurance brokers and third party administrators across Canada to adjudicate health and dental claims on behalf of their group benefit clients. Adjudicare's software accommodates flexible plan designs and real-time payment of claims which allows our partners to provide a high level of service while managing the costs of their clients' benefits plans.
All trade names are the property of their respective owners.
FOR FURTHER INFORMATION PLEASE CONTACT:
Richard D. Adair Automated Benefits Inc. Chief Financial Officer/Chief Operating Officer (416) 359-9339, ext. 1002 email@example.com
James R. Swayze Automated Benefits Inc. Chief Executive Officer (416) 359-9339, ext. 1003 firstname.lastname@example.org
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.