Member Premium Billing—from Invoicing & Payment Processing to Payment Adjustments
CodySoft Bill™ administers all aspects of member premium billing—from invoicing and payment processing to payment adjustments including subsidies, Late Enrollment Penalty (LEP), and retroactive adjustments, completing our end-to-end MAPD operational platform. (In Development)
- Supports LIS rates, SPAP amounts, and LEP
- Fully integrated with CodySoft Enroll™and CodySoft Recon™ provides real-time updates, process adjustments, and recalculates bills for forthcoming invoicing
- Ability to integrate financial institutions to process payments
- Allows for pre-validation of member statements prior to monthly invoicing
- Manages failure to pay processes in accordance with MA policies and Good Cause Reinstatements