July 08, 2008
Rocky Mountain Health Plans Partners with ikaSystems to
Deploy Next-Generation Portal Platform
ikaPortals Will Enable Broker, Employer and Member
Self-Service and Decrease Administrative Costs Across the
Enterprise
As part of an initiative to enhance
the services available to its constituents in the Colorado
health insurance market, Rocky Mountain Health Plans (RMHP)
has selected ikaSystems, a premier provider of
enterprise-level Web-based technologies for the payer market,
as its partner in deploying a comprehensive portal strategy
for commercial and Medicare business lines. The ikaPortals
collaborative portal platform will significantly broaden the
online capabilities of RMHP’s brokers, employers and members,
decreasing administrative costs, increasing broker and
employer satisfaction, and improving membership retention.
During its evaluation, RMHP was impressed with the results
that other health plans have achieved using ikaPortals, such
as completely automating their individual business processes
for clean applications, enabling brokers to increase their
quoting activity by 40 percent, and reducing their small-group
selling process from nine touches and eight days to two
touches and two days. “These results, end-to-end
functionality, impeccable references, competitive pricing and
a track record of delivering swift time to value all made this
a clear decision,” said John Hopkins, president and chief
executive officer of RMHP.
ikaPortals will allow RMHP, a provider of innovative
commercial, Medicare and Medicaid plans to nearly 180,000
members, to decrease administrative costs by moving various
transactions to a centralized source, reducing the time
required to roll out new products and services, and
dramatically shortening sales cycles. ikaPortals will provide
the flexibility for RMHP to extend an array of functionality
to external constituents. For example, brokers can quote
online and have visibility into the status of individual and
group applications; small group renewals can be sent online;
employer groups and members can enroll and pay bills online;
employer groups can maintain group rosters online; and health
plans can verify Medicare eligibility in real time through
ikaSystems’ partnership with Government Works, a Centers for
Medicare & Medicaid Services (CMS) contractor hosting the
Medicare Beneficiary Data (MBD) extract file from CMS’ MARx
database.
“The payer industry tends to focus on reducing the expenses
related to claims processing, which constitutes only about 20
percent of health plan expenses,” explained Ravi Ika,
president of ikaSystems. “ikaSystems is gaining significant
market traction because our technology eases the transition to
the newer, more efficient paradigm that addresses the
remaining 80 percent by automating and integrating processes,
moving transactions to the Web, pushing functionality to the
source and using portals as the health plan’s system of
record, rather than legacy claims systems. Our clients are
clearly seeing that this unique combination dramatically
increases their market agility while allowing them to
confidently and modularly update their technology
infrastructures.”
CNIC Health Solutions, a Denver-based third-party
administrator (TPA) for Rocky Mountain Health Plans, will also
use ikaPortals for full sales force automation.
About Rocky Mountain Health Plans
Rocky Mountain Health Plans is a Colorado-based,
not-for-profit organization that provides medical benefit
plans and services to more than 177,000 enrollees. Founded in
1974, Rocky Mountain offers a wide range of options including
PPO, HMO, and Health Savings Account-eligible plans. Medical
plans can be fully-insured, fully-insured with cost sharing
options, or self-funded. Rocky Mountain is the first Western
Slope employer to receive the Well Workplace award from the
Wellness Councils of America and has a thirty-year history of
serving individuals and families, Medicare and
Medicaid-eligible persons, and children who receive care under
the Child Health Plan Plus program. For more information,
contact Rocky Mountain Health Plans at 800-843-0719 or visit
www.rmhp.org.
About CNIC Health Solutions
CNIC Health Solutions, based in Denver, is Colorado’s largest
independent third party administrator and provides self-funded
PPO products to more than 180 employers and 67,000 enrollees.
When you choose CNIC Health Solutions, a member of the Rocky
Mountain Health Plans family of companies, you tap into the
organization’s experience, market longevity, financial
strength, and stability. The result is group health benefit
administration with flexible data and reporting capabilities
and exceptional customer service. For more information,
contact CNIC Health Solutions at 877-321-4412 or visit
www.cnichs.com.