Medicare Supplements
Automated Insurance Claims Processing
More than 90% of our Medicare Supplement claims are processed electronically for automatic payment, guaranteeing a fast turnaround and unparalleled accuracy. If for some reason an insurance claim cannot be paid electronically, our claims experts review the file and process payment in a timely manner. We process more than 3.5 million insurance claims annually and will always ensure that claims for your Medicare Supplement customers are handled efficiently, accurately and are paid quickly.
Timely Rate Increases
Medicare Supplement policies are very sensitive to rate increases. IAS manages this process in its entirety and provides you with timely annual rate reviews, ensuring the new rates are filed and implemented quickly to safeguard your bottom line.
Online Applications
Your Medicare Supplement customers can apply for coverage online in real-time with a variety of state-of-the-art signature options. In as little as 15 minutes, an applicant can complete the underwriting process, receive their new Medicare Supplement policy, and be issued a welcome letter and ID card. Our cutting-edge online application process is designed for optimal efficiency and is tailored for both Direct to Consumer (DTC) and insurance agent/broker assisted sales, providing ease of use for your customers and keeping your overhead costs low.
To learn more about how IAS can help you capture the Medigap/Medicare Supplement market and expand your business, call us today at (727) 584-0007 or contact our business administration solutions experts online.
*Source: https://csgactuarial.com/news/medicare-supplement-market-premium-grows-to-23-1-billion/