- Calculate Claim Payments in accordance with the Plan of Care
- Track remaining Benefit Balances and the Pool of Money
- Generate an Explanation of Benefits at the Service Line Level
STEP Solutions Overview
- STEP is a Straight-Thru solution for origination, issue, underwriting, policy administration and claims of insurance products.
- STEP enables companies to launch new products and update older ones to respond to rapid changes in the market.
- STEP provides multi-channel, online and off-line intelligent data capture for quotes, applications and new business processing.
- STEP incorporates rules based risk assessment to enable smarter underwriting decisions.
- STEP is the most flexible insurance policy administration system on the market.
- STEP product configuration capabilities deliver reflexive questionnaires and flexible data sources enablement to provide a fast track to product launch.