The V3 System: Software for Health Plan Administration
The V3 System
The V3 System Delivers:
  • Administrative Flexibility
  • Improved Customer Service
  • Extreme Scalability
  • Accurate and Timely Data
  • Self-Service Alternatives
  • Quality Correspondence
  • Operational Transparency
  • Value Added Reporting

The V3 System is a powerful enrollment software.

The V3 system can be used for open enrollment, life event processing, new policy issuance and demographic maintenance. When used for enrollment processing, V3, if desired, can also perform related premium and eligibility calculations.

Enrollments and demographic updates can be processed using V3's web-based self-service components, by on-line processors or by file or message exchanges. Self-service features can be accessed directly by the participant and/or by group administrators at your discretion.

V3 Enrollment can be used stand-alone or in conjunction with other V3 capabilities including V3 Billing and V3 Claims. V3 for enrollment includes native self-service, workflow, imaging and correspondence.

The V3 System's powerful enrollment features include:

    Enrollment and Demographics
  • Group and Individual Contracts/Policies
  • Group and Individual Enrollments
  • Open Enrollment Processing
  • Life Event Processing
  • Self-Service Enrollments
  • Options and Elections Processing
  • Option and Election Rules
  • Election Decision Trees
  • Definable Coverage Groups
  • Future and Back Dated Changes
  • Multiple ID Numbers per Policy Holder
  • Masked SSN’s
  • Multiple Addresses
  • Address Standardization
  • CASS Address Verification
  • Dependents and Beneficiaries
  • Service Notes
  • Security Challenge Questions
    Premium Billing
  • Contract and Rate Maintenance
  • "Stand Alone" Billing
  • Individual or Group Contracts
  • Participant Enrollment
  • Group Enrollment
  • Reported Premiums
  • Calculated Premiums
  • Group Billing
  • Individual Billing
  • Employer Billing
  • Split Billing
  • Co Payment Billing
  • Payment Receipts
  • Check and Lock Box Payments
  • EFT and Wire Payments
  • Credit Card Payments
  • On-Line Payments
  • Retro Rate Changes
  • Prior Period Re-bills
  • Discrepancy Billing
  • Credit Notices
  • Receivables Management
  • Aging and Delinquencies
    Product Definition
  • Unlimited Product Categories and Products
  • Types and Options within Each Product
  • Enrollment Rules Definition
  • Premium Rules Definition
  • Data Sensitive Rules Processing
  • Factor and Look Up Tables

    Reporting and Integration
  • Statements
  • Correspondence
  • Policy Holder Notices
  • Participant Reporting
  • Employer Reporting
  • Group Reporting
  • End User Reporting
  • Ad Hoc Reporting
  • Tax Reporting
  • General Ledger Integration
  • Import and Export Processing

© 2012 Vitech Systems Group, Inc. | New York +1 212 868-0900 | London +44 (0) 20 7661 9353 | Paris +33 (0) 1 70 38 54 72