I.B.E.W. Local 402: The First to Deploy Web-Based Hour Banking Solution From Adjudicare(R)
June 07 2012 - 9:00AM
Marketwired Canada
Automated Benefits Inc.(R) ("Adjudicare") a wholly-owned subsidiary of Automated
Benefits Corp.(R) (TSX VENTURE:AUT) and providers of a web-based software
platform that precisely adjudicates health and dental claims for a network of
Employee Benefits Brokers and TPA partners across Canada, is pleased to announce
that it has formed a partnership agreement with the Trustees Health & Insurance
Plan for IBEW Local 402 ("IBEW Local 402"). IBEW Local 402 will implement
Adjudicare's new web-based Hour Banking product to provide their union members a
leading-edge solution to track their hour banking data and benefit plan
eligibility.
Through an extensive collaboration process, Adjudicare worked closely with plan
administrators from IBEW Local 402 to design an innovative application that
leverages their more than two decades of experience, in offering multi-employer
trust based benefits plans to their members.
"For years we have used an antiquated patch work of solutions to track our hour
banking data. Working with Adjudicare's world-class development team has given
us a tremendous opportunity to provide real-world guidance and input to build a
solution designed for us with all of the features that we need," comments Glen
Drewes, Business Manager, IBEW Local 402. "We believe that this important
project will not only benefit our members, but it will also be a powerful tool
for other Unions across the country, allowing thousands of union members to gain
efficiencies from a new technology designed with them in mind."
"We are thrilled to have partnered with IBEW Local 402 to develop this new
product focused on a different segment of the group benefits market," states
Richard Adair, President, Adjudicare. "This collaborative effort is the
beginning of a long relationship with IBEW Local 402 and together we will build
more features on this new platform and continue to provide leading-edge
applications to other unions and multi-employer trusts across Canada."
About Automated Benefits Corp.
Automated Benefits Corp.(R) (TSX VENTURE:AUT) is a progressive software company
dedicated to developing applications for the insurance industry. The
organization currently has two platforms: Symbility(R) and Adjudicare(R).
Adjudicare is an advanced, practical software solution used by a network of
Employee Benefits Brokers and Third Party Administrator partners across Canada
in the adjudication of health and dental claims. Adjudicare's rules-based engine
and leading-edge features ensure that claims are precisely adjudicated and paid
in real-time, giving our partners' customers optimum flexibility, along with
transparent disclosure on the benefit plan's financial performance.
Symbility Solutions provides powerful, accurate and easy-to-use, cloud-based
claims processing, estimating software solutions for Property & Casualty
Insurers. Our collaborative workflow management, mobile estimating, claims
triage solutions and analytical services allow insurers to reduce costs while
delivering a market-leading claims experience.
All trade names are the property of their respective owners.
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