IBA understands that setting the proper risk exposure and tolerance levels is key to establishing an effective self-funded plan.
Establish proper risk exposure
With our long-established relationships among the largest and best known A-rated Stop-Loss carriers, IBA clients benefit with the most competitive rates in the marketplace. IBA can guide you in determining Specific Stop-Loss levels to protect against individual catastrophic claims or Aggregate Stop-Loss to protect against claims exceeding a predetermined total dollar limit for the group.
Work with trusted reinsurers
Unlike other carriers, IBA works with a stable of reinsurers including XChange Benefits/US Fire, HCC Benefits, Symetra, Sun Life, Gerber Life, Optum, HM, and Nationwide and is skilled at delivering the best stop-loss rates available.
IBA works to identify billing errors that add unnecessary costs to your healthcare plan
Healthcare information technology targets claims for billing efficiencies and cost savings.
Uncover billing errors
IBA’s Medical Bill Review services and systems technology are designed to uncover billing errors that can drive up costs. Billing reviews ensure high-level accuracy on all claims processed.
Claims are audited and adjustments are made when billing errors are found saving our clients significant claims expenses. IBA’s strategic partnership with several cost containment organizations means deep discounts for out-of-network claims re-pricing and negotiations, lowering the overall cost.