The COBRA report manager now includes a premium allocation report to help benefit managers facilitate carrier billing reconciliation and premium remittance.

The detailed new report includes plan-level breakdown of premiums collected by HealthEquity as well as carrier, plan name, coverage type, coverage code and coverage tier. Further, key payment types such as collected premiums, members refunds, and payment reversals associated with insufficient funds are part of the report.

Go to the Report Manager and run the report for yourself to see how much easier reconciliation and premium remittance can be.