March 13, 2014

Unified Life Insurance Company (ULIC) has chosen to implement Aldera’s flagship core administrative platform in order to reduce operational costs and better serve employers and members.

Aldera provides cloud-based and on-premise core administration and private portal solutions for healthcare payers, administrators, state-based health insurance marketplaces, CO-OPs and business process outsourcers. Its technology addresses all components of core administration including billing, benefits, claims, groups, members and providers.

“The Aldera platform’s core administrative components provide Unified Life Insurance with the flexibility to build and manage multiple benefit plans and business lines while also giving us the ability to easily add more products to support client demand,” said ULIC president Kevin Dill in a statement. “In addition, the new operational efficiencies made possible by the Aldera platform’s native workflow management will help us more effectively serve participants across our 1,000 health plans.”

[To hear about how insurance companies and financial firms are managing their complex data architectures, attend the Future of the Financial Services Data Center panel at Interop 2014 in Las Vegas, March 31-April 4.

Kelly is an associate editor for Insurance & Technology. Prior to joining InformationWeek Financial Services, she was a staff writer for InformationWeek and InformationWeek Education. Kelly has also written for trade ...