SRP Announces Plan Doc Builder for TPAs and Brokers of Healthcare Plans

WILLOW GROVE, Pa., Dec. 12, 2011 /PRNewswire/ -- Strategic Recovery Partnership (SRP) Inc. today announced the availability of Plan Doc Builder™, a subscription service that allows Third Party Administrators (TPAs), brokers, and other users to easily generate Health Plan Documents on demand. Replacing outdated software tools and the need for expensive outsourcing, SRP's Plan Doc Builder is available at fixed, affordable licensing rates with no initial subscription fees.

Employers require Health Plan Documents containing clear language about available benefits that are compliant with the Employee Retirement Income Security Act (ERISA), the Patient Protection and Affordable Care ACT (PPACA), and other regulations.

Created specifically for the generation of Health Plan Documents including Prescription, Dental, Vision and Cafeteria benefits, SRP's Plan Doc Builder allows users to:

• Easily collaborate with experts to produce customized, attorney-approved Health Plan Documents
• Create or clone Health Plan Documents in an intuitive web interface
• "See as you go" by continuously reviewing and updating content during document preparation
• Generate thorough, easy-to-read, and compliant Health Plan Documents and Summary Plan Descriptions (SPDs), with Regulatory and Benefit amendment capability.

"Ongoing client collaborations and our experience with health plan document preparation and compliance enabled us to develop a fully automated approach for in-house users at competitive rates," explains Robert A. Marcino, Esq., principal at Strategic Recovery Partnership. "We are excited to offer a better tool through Plan Doc Builder, especially to TPAs and brokers."

SRP's web-based Builder is flexible and allows one or multiple users to modify content during document generation. TPAs can clone documents, providing a significant shortcut when creating similar plans. Users can also leverage objective analysis and legal advice from SRP on approaches to current or new health plans.

TPAs and brokers can learn more, schedule a personal demonstration, and request a quote for affordable licensing rates by visiting www.srpsubro.com/plandocs.

About SRP

Strategic Recovery Partnership (SRP) is a legal and claim recovery resource that provides Subrogation and Plan Document solutions nationwide to Third Party Administrators (TPAs), Stop Loss carriers, HMOs, and Fully-Insured Healthcare Plans. SRP delivers low-cost attorney representation with technical expertise—consistently achieving proven revenue streams for health claim payers. With nearly 20 years of experience, SRP has expertise with TPA claim and benefit practices, technical writing, plan consulting, and ERISA. SRP attorney review helps avoid the risks of noncompliance, including penalties from Department of Labor (DOL) audits, lawsuits, and insufficient understanding and inconsistent application of benefits by employers and administrators. For more information, visit www.srpsubro.com.

SOURCE Strategic Recovery Partnership (SRP) Inc.