hCentive Launches Exchange Connectivity Solution for Health Insurers
hCentive, Inc. a leading health insurance technology company, today announced the release of WebInsure Exchange Manager, a new product offering for private insurers to connect to and sell their products on State and Federal Exchanges.
- (1888PressRelease) September 20, 2011 - Reston, VA - WebInsure Exchange Manager allows health plans to easily showcase their products at the state exchange, seamlessly process the applications of state residents, track payment & subsidy and comply with reporting requirements of the state. The solution helps insurers avoid an otherwise cumbersome state-by-state integration process, saving them time, money and effort.
Sanjay Singh, CEO of hCentive says, "It is critical that insurers move quickly to adapt to the changes in the health insurance industry as a result of PPACA. hCentive has always been the first to identify pain-points and provide solutions for insurers and government agencies that are flexible, scalable and easy-to-deploy. With WebInsure Exchange Manager, we are solving a major piece of the puzzle in the health insurance industry. We are confident that our offering will resonate with the payers."
About hCentive
hCentive is in the business of simplifying the complex world of health insurance. hCentive provides technology solutions for health insurers and state health. These solutions help them reduce cost and administrative complexity, while enhancing relationships with their customers.
hCentive is the first organization to build an exchange solution from the ground-up post the PPACA. hCentive has developed a deep understanding of the healthcare reform and have created solutions and services that align with federal and state regulations and meet or exceed all industry standards.
The hCentive WebInsure Consumer and WebInsure Group platform help health insurers cost effectively acquire individual and small business customers. The hCentive WebInsure State platform helps states create a health benefits exchange to comply with health insurance exchange requirements of the Patient Protection and Affordable Care Act of 2010.
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