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Group Products

by Management Data, Inc.

In addition to FIMMAS functions for both group and individual lines, special capabilities support the particular requirements of group products:

• Rates can vary by state, area, series, class, date range, and other variables. Use one rate table for multiple plans / benefits.
• Premium and rate change flexibility by date band.
• Flexible billing sequences, automatic billing for prior period, multiple modes on one bill.
• Access to all information by relationship: group to employee, employee to group, etc.
• Identify and combine groups for experience rating, dividend calculation, and reporting.
• Identify groups requiring exception handling.
• Complete experience data (premiums, claims information, etc.) available for online analysis.
• Features such as a GI matrix and Auto Generator of benefits to streamline enrollment, group cancellations, reinstatement, and reenrollment.

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