RESTON, Va., June 26, 2013 /PRNewswire/ -- Santeon Group Inc. (OTCBB: SANT, "Santeon") today announced that its eBenefits Network has been named a preferred vendor by Health Care Services Corporation (HCSC) for their Blue Cross and Blue Shield ("BCBS") organizations in five states. The designation means that more small- and mid-size BCBS clients in Texas, Illinois, New Mexico, Montana and Oklahoma will now be able to take advantage of the eBenefits Network to automate their employee benefit enrollments.
Santeon's eBenefits Network ("eBN") is a cloud-based service that makes it easier for employers to manage employee benefits. The network automates the benefits enrollment process by seamlessly and securely integrating an employer's HR system with those of their benefit insurance carriers and providers. With eBN, employers gain the benefits of on-time and error-free enrollment updates, including elimination of error-related premium costs, an improved benefit usage experience and reduction of HR and IT workloads. Since eBN's launch in 2011, Santeon has seen widespread adoption of the platform serving over 850,000 members and supporting over 300 benefit insurance carriers and providers nationally.
By achieving preferred vendor status through HCSC's Automated Electronic Processing program, Santeon has proven consistently fast, efficient and accurate processing of employers' group enrollment/eligibility transactions. For their clients communicating plan enrollment transactions through Santeon eBN, HCSC will reduce the minimum group size requirements for automated electronic processing. For BCBS of Texas, New Mexico, Montana and Oklahoma, that means any group plan that insures 51+ lives. For BCBS of Illinois, the minimum is two lives. HCSC will also waive file processing fees for their clients, who can also expect much shorter implementation times.
Dr. Ashraf Rofail, Chairman and Chief Executive Officer of Santeon Group Inc., said, "Achieving preferred provider status with HCSC and their five BCBS organizations marks another milestone in the evolution of the eBN platform and its continued adoption by employers and benefit providers alike. For employers of all sizes, eBN is an invaluable tool for automating what can often be a cumbersome and time-consuming task. By taking steps to increase the number of employers that can use eBN, Santeon will drive increased revenue and economies of scale."
About Santeon Group Inc.
Santeon Group Inc. is a technology company headquartered in Northern Virginia with offices in Reston, VA, Tampa, FL, Cairo, Egypt and Pune, India. Santeon offers products and services in Agile training and transformation, healthcare and media. Santeon's goal is to serve emerging markets by providing technically superior products and solutions while reducing the cost of ownership and deployment of these solutions through a strong channel partner and distribution model. For more information please visit our web site at http://www.santeon.com.
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