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In addition to FIMMAS functions for both group and individual lines, special capabilities support the particular requirements of group products: - Rates can vary by state, area, series, class, date range, and other variables. Use one rate table for multiple plans / benefits.
- Premium and rate change flexibility by date band.
- Flexible billing sequences, automatic billing for prior period, multiple modes on one bill.
- Access to all information by relationship: group to employee, employee to group, etc.
- Identify and combine groups for experience rating, dividend calculation, and reporting.
- Identify groups requiring exception handling.
- Complete experience data (premiums, claims information, etc.) available for online analysis.
- Features such as a GI matrix and Auto Generator of benefits to streamline enrollment, group cancellations, reinstatement, and reenrollment.
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