PR: BISNet Forms Alliance With Blue Shield of
California
FOR IMMEDIATE RELEASE
BISNet Forms Alliance With Blue Shield of California
CONCORD, Calif., Oct. 15, 2003 -- BISNet, Inc., announced
its alliance with Blue Shield of California and their
Preferred Vendor Program for Web-based enrollment. The
program offers a subsidy and preferential pricing toward the
cost of online enrollment services to qualified commercial
group accounts with Blue Shield of California or Blue Shield
Life & Health Insurance Company.
Through this program, Blue Shield group clients can save as
much as 50% on the cost of Web-based Enrollment systems.
Responding to the changing needs of employers and emerging
trends in health benefits administration, Blue Shield offers
Web-based enrollment as a resource for their clients to
simplify the benefits administration process for employers,
carriers and brokers. BISNet will sell through the joint
efforts of the Blue Shield sales organization and Blue
Shield distribution channels. (See www.bisnet.com for
program details)
BISNet, an industry-leading provider of technology solutions
for the $21 billion employee benefits services industry has
been providing enrollment and administrative solutions to
mid-size and large employers for six years. BISNet has
worked successfully with numerous Blue Shield clients and
provides eligibility management through Health Insurance
Portability and Accountability Act of 1996 (HIPAA) compliant
Electronic Data Interchange (EDI).
"BISNet is pleased to be selected by Blue Shield for this
program," said Bill Wheeler, EVP of Sales and Marketing for
BISNet. "We have a solid reputation for delivering superior
web-based employee benefits enrollment solutions. With
benefits costs continually increasing, the need to
streamline health benefits enrollment through automation
becomes critical. BISNet provides the tool to streamline the
process."
The agreement underscores the health care industry's ongoing
quest to counter rising costs and improve operational
efficiencies. "Blue Shield of California continues to look
for ways to address employers' increasing needs to contain
healthcare costs," says Chris Ohman, senior vice president
and chief executive of Blue Shield's commercial business
unit. "Web-based enrollment will enable our groups to
streamline the benefit administration process and make
informed management decisions in a more responsive and
cost-effective way."
About BISNet, Inc.
More than 360 companies utilize BISNet's web-based solution,
including some of the nation's premier technology companies.
Clients represent a diverse cross-section of industries and
service groups including, Insurance Agencies, Professional
Employer Organizations (PEOs) and Third Party Administrators
(TPAs).
BISNet is an Applications Service Provider (ASP) that
enables customers to reduce costs and increase productivity
through employee self-service (ESS) and Management
self-service (MSS) of employee benefits. BISNet provides
online enrollment and communication, as well as employer
administration functions including carrier billing and
reconciliation and end-to-end communication with HRIS,
payroll and health and welfare providers. BISNet supports
ANSI X.12 EDI and HIPAA compliance with carriers. BISNet's
offices are located in Concord, CA (San Francisco Bay Area),
and Portland, OR. For additional information, visit
http://www.bisnet.com/
About Blue Shield of California
Founded in 1939, Blue Shield of California is one of the
state's leading health plans. Headquartered in San
Francisco, the not-for-profit corporation has approximately
2.7 million members, 4,200 employees and more than 20 office
locations throughout California. For more information on
Blue Shield, visit the company's Web site at
www.mylifepath.com.
For More Information Contact:
Lydia Abad, Executive Assistant
925-609-1500 ext.204
labad@bisnet.com
SOURCE BISNet, Inc.
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