Welcome!

News Feed Item

Blue Cross Blue Shield of Vermont Goes Live With the Coverage Example Calculator in VUE Benefit Summary Tool

Automating the Calculation of Coverage Example Payments on Health Plan Summaries of Benefits and Coverage (SBCs) Yields Dramatic Time Savings

COCONUT CREEK, Fla., Feb. 26, 2014 /PRNewswire/ -- VUE Software®, the leading provider of distribution and producer management solutions for the insurance industry, today announced that Blue Cross and Blue Shield of Vermont (BCBSVT) has gone live with the Coverage Example Calculator, an enhancement to VUE Benefit Summary Tool. The resulting efficiency increases save BCBSVT hours on each SBC.

A long-time VUE Software client and the largest health insurer in Vermont, BCBSVT provides coverage for approximately 180,000 individuals. BCBSVT began using VUE Benefit Summary Tool in 2008 with tremendous improvements in speed and accuracy. However, once the Patient Protection and Affordable Care Act (PPACA) came into effect, the company lacked a way to quickly calculate payment amounts for the Coverage Examples page on SBCs. Manual efforts were extremely time consuming and labor intensive due to the elaborate calculations and complex algorithms involved.

By implementing the Coverage Example Calculator, BCBSVT was able to completely eliminate manual involvement in calculating payment amounts. Today, administrators simply generate an SBC and VUE Benefit Summary Tool does the rest. The system always draws from the most recent values, so if a plan changes, generating a new SBC results in accurately updated numbers. Eliminating manual involvement for calculations saves vast amounts of time and does away with copying errors — another source of savings in itself.

"The VUE Coverage Example Calculator enhancement allowed BCBSVT to meet the federal mandate timeline for accurately displaying coverage example calculations on SBCs while providing a flexible platform for future growth. The configuration options enable us to map calculations to changing benefits, audit the detailed calculation of any SBC output and add new conditions should they be mandated in the future," said Ellen Yakubik, chief marketing executive at BCBSVT. "Our custom and standard product SBCs can be generated efficiently to include accurate coverage example calculations without manual intervention, allowing our product managers more time to focus on customers. CSSI continues to be an important partner for BCBSVT, enabling us to achieve operational efficiencies in our company."

According to Abhinav Dave, executive vice president of VUE Software, "The PPACA's compressed timeline and strict requirements were problematic for organizations not large enough to build or obtain effective benefit summary systems and coverage calculation tools. For companies still struggling with manual or semi-automated processes, VUE Benefit Summary Tool is ideal. It eliminates the headaches of creating compliant SBCs, ensuring accurate calculations and organizing SBC production and delivery to drive long-term efficiencies."

A user-friendly, Web-based platform, VUE Benefit Summary Tool ensures compliance with all SBC format requirements, organizes SBC documents and makes them retrievable, streamlines the creation of new documents — particularly for annual renewals and updates — and encompasses full-scale benefit summary management. VUE Benefit Summary Tool comes with regular, free updates and enhancements that include essential features like the Coverage Example Calculator.

About Blue Cross Blue Shield of Vermont

Blue Cross and Blue Shield of Vermont is the state's oldest and largest health insurer, providing coverage for about 180,000 Vermonters. It employs about 340 Vermonters at its headquarters in Berlin and branch office in South Burlington, and offers group and individual health plans. More information about Blue Cross and Blue Shield of Vermont is available on the internet at www.bcbsvt.com. Blue Cross and Blue Shield of Vermont is an independent corporation operating under a license with the Blue Cross and Blue Shield Association, an association of the independent Blue Cross and Blue Shield Plans.

Additional Resources

VUE Benefit Summary Tool Website

Learn about Distribution Modernization

About VUE Software®

VUE Software is a leading provider of insurance distribution management, incentive compensation, and sales performance software solutions. Backed by over 23 years of insurance experience, VUE Software solutions are built for the insurance industry to meet the unique needs of the life, health, property and casualty, distribution and non-carrier verticals. VUE Software is a doing-business-as (DBA) name of Computer Solutions and Software International, LLC (CSSI). For more information about VUE Software, please call 1.877.488.3763.

Web: www.vuesoftware.com

Blog: www.vuesoftware.com/blog

LinkedIn: www.linkedin.com/company/vue-software

Google+: https://plus.google.com/+Vuesoftware

Facebook: www.facebook.com/vuesoftware

Twitter: @VUESoftware @CSSI_Solutions

VUE Software is a registered trademark of Computer Solutions and Software International, LLC. The Blue Cross and Blue Shield names and symbols are registered marks of the Blue Cross and Blue Shield Association. All other registered trademarks, trademarks or service marks belong to their respective companies.

SOURCE VUE Software

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
When applications are hosted on servers, they produce immense quantities of logging data. Quality engineers should verify that apps are producing log data that is existent, correct, consumable, and complete. Otherwise, apps in production are not easily monitored, have issues that are difficult to detect, and cannot be corrected quickly. Tom Chavez presents the four steps that quality engineers should include in every test plan for apps that produce log output or other machine data. Learn the ste...
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
Is it possible to migrate 100% of your data ecosystem to the cloud? Join Joe Caserta as he takes you on a complete journey to digital transformation mapping out on-prem data footprint and walking it to the cloud. Joe will also explain how the modern ecosystem supports Artificial Intelligence and will include business use cases to back each of his insights.
Your job is mostly boring. Many of the IT operations tasks you perform on a day-to-day basis are repetitive and dull. Utilizing automation can improve your work life, automating away the drudgery and embracing the passion for technology that got you started in the first place. In this presentation, I'll talk about what automation is, and how to approach implementing it in the context of IT Operations. Ned will discuss keys to success in the long term and include practical real-world examples. Ge...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Sanjeev Sharma Joins November 11-13, 2018 @DevOpsSummit at @CloudEXPO New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
JETRO showcased Japan Digital Transformation Pavilion at SYS-CON's 21st International Cloud Expo® at the Santa Clara Convention Center in Santa Clara, CA. The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...