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Benefit Administration

At MedCost Benefit Services, we understand that providing affordable health benefits for employees is one of the biggest challenges an employer faces. That is why we have developed an extensive portfolio of services that can be customized to meet each client’s individual needs and Plan objectives, no matter what the size of their employee population. Our clients rely on our experience, flexibility, and expertise to fully administer all segments of their self-funded

Self-funded (x)
In a self-funded (also called self-insured) plan, the employer assumes the financial risk for providing health care benefits to its employees and pays for claims as they occur. For many employers, self-funding provides more flexibility in terms of cost, coverage, and benefit plan administration.
employee health plans.

We realize that benefits administration, at its heart, is still a business of people serving people, and MedCost currently serves over 100 employers and represents nearly 150,000 members. We pride ourselves on offering our clients the same broad range of products and services as the competitors, but with the pricing, flexibility, and responsiveness of a TPA. Our services are seamlessly integrated and easy to understand, resulting in a high level of customer satisfaction while effectively managing health care dollars.

Whether it is by assisting with Plan or COBRA enrollment materials; providing access to the largest PPO network of providers in the Carolinas and/or networks across the country; adjudicating health, dental, vision, and disability claims promptly and accurately; efficiently managing employee health spending and savings accounts; or providing Care Management products to assist members in living healthier lives; MedCost is committed to partnering with our clients to design and manage the best self-funded health plan to meet their needs.

Click here for a more detailed list of our available client services.

 
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