Coconut Creek, Fla. (PRWEB) June 17, 2013
VUE Software introduced a new software suite today designed to help insurers achieve a five-star rating and streamline their activities relating to selling Medicare Advantage plans. Dubbed “SeniorCare,” the product is an enhanced version of VUE Compensation Management 8.0 producer management software. SeniorCare is tailored specifically to those selling Medicare Advantage that will reduce complaint tracking module incidents (CTMs) and ensure compliance.
Rather than relying on manual spreadsheets to coordinate sales events, SeniorCare users have access to VUE Software’s robust agent tracking and compliance systems. Going beyond basic license verification and background checks, the system also functions as a training module, allowing insurers to educate producers and offer sales presentations pre-approved by the Centers for Medicare and Medicaid Services (CMS).
“Compliance is the biggest headache for those selling Medicare Advantage plans and carriers monitoring individual agents,” said John Sarich, VUE Software’s vice president of strategy. “SeniorCare frees the producer to focus on their product and the agent, on selling. It’s a tremendous productivity and motivational tool, and one plan sponsors would be remiss not to adopt.”
Geared at earning and maintaining a five-star rating, reducing inefficiency and boosting revenue, SeniorCare features:
- Automated producer onboarding, including data collection from National Insurance Producer Registry and The Producer Database
- The ability to create on-demand CMS reports and prepare for audits at a moment’s notice
- Simplified commission payment processing that follows CMS rules, which can be run on internal and external brokers
- Payment systems that reduce or eliminate the need for costly and time-intensive reconciliation
Because fail-safes are built into the software itself, carriers are assured of compliance without lengthy internal checks. On the customer side, SeniorCare ensures that agents are working with the most current plan information so that the insured and potential customers are up-to-date. The software is a comprehensive front-office solution, handling the sales process from agent onboarding through sales, training, payment and agent verification.
Training modules may be of most use to producers as both agents and carriers attempt to navigate constantly evolving CMS regulations.
“For brokers, training is a manual, time-consuming process because most of the time training materials are not in the same location,” Sarich said. “With SeniorCare, brokers get only Medicare-specific materials, making the process time and cost effective.”
SeniorCare is designed to replace outdated Excel formulas and can be implemented in as little as three months. For more information about SeniorCare, visit http://www.vuesoftware.com/medicare-marketing.
About VUE Software
VUE Software is a leading provider of distribution, incentive compensation and sales performance management suites. Backed by more than 20 years of insurance experience, VUE Software solutions are built to meet the unique needs of the life, health, property and casualty, and distribution verticals. VUE Software is a doing business as (DBA) name of Computer Solutions and Software International LLC (CSSI). For more information about VUE Software, please call 1-877-488-3763 or visit http://www.vuesoftware.com.