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FAI offers unique value to our self-funded
clients through:
- exceptional administration of medical, dental,
vision,
and
disability
benefits
- very low fees
Some of FAI's specific administrative features include:
- Management Reports — To assist
in plan and benefit management, FAI administers multiple
plan options and provides management reports in paper
or electronic delivery.
- Accurate Claims Adjudication — FAI
investigates claims for ineligible services, coordination
of benefits,
duplicate claim services, subrogation, pre-existing
conditions, and claim fraud.
- Electronic Claim Submission — Electronic
claims submission ensures quick and accurate claim turnaround.
- Claim
Turnaround — FAI's claim turnaround
time averages between eight and ten calendar days
(depending upon the client's chosen payment method).
- Internal Audits — FAI audits
claims processed by every Client Claim Representative,
including
claims
over their maximum
dollar approval limit and randomly selected
claims.
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