Combined Billing Service
Vision's unique Combined Billing Service allows us to consolidate multiple carriers' products into a single bill, using only one payroll deduction slot. This simplifies the billing process and reduces the time that employers must spend administering voluntary benefits.
Employers and associations appreciate the simplicity of our payroll deduction process.
- Following enrollment, we will provide a report to the their Payroll Administration Department showing all participating employees and their deduction amounts. We can provide this report in any format that the employer or association needs. The report can be sent via email or posted to a secure FTP Site.
Changes to deductions are easy: An employee or association member simply calls the Policyholder Service Center to make a change to his or her coverage. When changes occur, we notify the Payroll Administration Department of the change in deduction, keeping deduction slots accurate and up-to-date.
Remittance of premium made easy
With our convenient VZRemit™ self-payment, there is no need for lengthy reconciliation of premiums billed to premiums deducted. Vision Financial can handle reconciliation; all the employer or association needs to do is forward a simple Remittance Report to us with the premium payment. They can send the report via email or post it to a secure FTP Site.
The Remittance Report will provide our office with information to promptly apply premiums. Therefore, we will be able to quickly and easily resolve any discrepancy or question.
The flexibility to offer multiple products from multiple carriers
Finally, it's important for brokers to know that Vision's simple and convenient Combined Billing Service will allow them to offer their clients customized packages of voluntary benefits from several different providers -- meeting the client's specific needs and enhancing the broker's relationships with their clients.
Want to learn more?
Here's a quick video that shows how a human resources professional will appreciate the simplicity of our Combined Billing service. And of course, we always welcome your calls at (800) 793-0223.