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In the world of employee benefits, self-billing is an important process that should be on every broker and employer’s radar. While brokers often have a

Employee benefits billing solutions like VerifiaBill generate a report for employers called a “Discrepancy Identification Report,” which contains the results of a Benefits Reconciliation audit.

What is employee benefits reconciliation? Employee benefits reconciliation, or premium reconciliation, is the monthly process of comparing an employer’s carrier invoice data to the enrollment

What is an employee benefits cost allocation report? An employee benefits cost allocation report is a single spreadsheet that shows an employer every benefit billing

Consolidated invoicing brings all of an employer’s benefit plan invoices into one place and creates a single monthly invoice summary (learn more about consolidated invoicing

Is there a tool to consolidate billing for employee benefits? Yes! A few tools exist to help employers consolidate their monthly invoices for their benefit