Risk Management

OMNIQ Group Health is remodelling the managed health insurance risk sector to take advantage of new technology and applications which brings benefits to providers who are facing increasingly challenging times to maintain, let alone grow revenues and stop costs spiralling.

"The problems and inefficiencies for a provider start when a doctor or a member has to fill in a form when it is absolutely possible to settle 90% of claims on the spot without all the to-ing and fro-ing and multiple handling," says OMNIQ Health Group President.

"Our offer is unique. It's built on a collaborative approach."

OMNIQ Group Health's cloud-based, single, end-to-end application provides a framework where all participants can work as one. Its straight through processing environment enables administrators to concentrate on claims and case management instead of routine administration activities as external parties can update and maintain their own information.

By dramatically reducing administration costs and ensuring that claims are swiftly and objectively processed, insurers can manage risk and keep loss ratios at optimum levels.