Billing Services
Billing participants doesn’t have to be time consuming.
Our Billing Services are available to help clients reduce their billing workload. These services include retiree billing, the collection of recurring premiums from participants, and open enrollment services.
Billing Services Product Sheet
Download a copy to share or print.
See how we're different.
Learn why brokers, employers, and participants love Employee Benefits Corporation.
Contact Our Sales Team
Connect with us by phone at (800) 346-2126 or by email at sales@ebcflex.com
Retiree Billing
Employers can offer retirees the option to continue their benefits using Billing Services to collect payments and choose to set up a payment grace period if desired. With retiree billing, EBC sends the bill to participants, collects their payments, remits the balance to the employer, and sends late notices, when necessary. Participants make payments online or through the mail.
Recurring Premium Collection
Employers can easily collect premiums outside of payroll deductions. With recurring premium collection, employers provide EBC the recurring premium amounts for the year and the list of employees to bill and we do the rest. What can be a heavily repetitive task is reduced to adding and removing employees and providing premium updates.
Open Enrollment
Employers can choose to use our services to send open enrollment information to participants during their open enrollment period when employees are allowed to change or add coverage(s).
Technology Features
Billing administration is available all day, every day through the employer online account. Our online administration gives employers full transparency and includes:
- Workflows to add members
- Access to current and past invoices, frequently used forms, and communications
- Electronic file feed options
- Detailed reports
Reporting
Our reports go beyond what other administrators offer and give employers the information they need in a way that’s easy to understand. Our reports provide easy access to billing activity, including:
- ACA reporting
- 5500 reporting
- Enrollment status reporting
- Plan rates reporting
Additional Services
Our Compliance Services provide employers with the support they need to meet important regulations. We offer the following add-on services to employers who use EBC to administer other benefit offerings:
- Wrap plan documents: Wrap your health and welfare benefits into a single plan document and summary plan description (SPD) to simplify administration, combine required notices, and eliminate the need to submit multiple Form 5500s.
- Form 5500: We prepare your health and welfare benefit plan Form 5500 to meet ERISA reporting requirements. This is included with our health care FSA and is an additional fee for other products.
- Nondiscrimination testing: We gather information from you and perform the required testing on your behalf. Annual testing is included with our FSA and POP administration and is an additional fee for other products.
Billing Services Product Sheet
Download a copy to share or print.
See how we're different.
Learn why brokers, employers, and participants love Employee Benefits Corporation.
Contact Our Sales Team
Connect with us by phone at (800) 346-2126 or by email at sales@ebcflex.com