Elixir Announces SaaS
for Summary of Benefits and Coverage

OJAI, CA – May, 1 2012 – Elixir Technologies Corporation today announced the launch of its Software as a Service (SaaS) application for Summary of Benefits and Coverage (SBC) to help health plan providers meet the September 2012 mandate for creation of a uniform SBC to help consumers better understand their coverage.

Tango’s SaaS subscription model enables health plans to become compliant immediately, reducing the burden on IT and administrative systems and provides the options of hosted or on-premise delivery.

Maintained Easily by any Department
Familiar business-standard interfaces organize complex data mapping and business rules management into easy, straightforward screens. Formulas, calculations, and data are locked down and protected from direct editing allowing a wide range of users to maintain the system.

Supports Complex Formatting Requirements
Elixir formats the SBC based on the mandated requirements. Business rules manage the formatting of each SBC. All content is on the correct page and at the precise location on the page regardless of which Plan is selected.

Versioning Capabilities for All Resources Used
SBC templates and the discrete elements used such as text, formulas, plan data and guidelines, are all managed as content resources. Each can be checked-in/out and versioned automatically as changes are made. PDF versions of the SBC can be stored in a document archive or generated dynamically from the appropriate data and template at any time.

Data Access and Association
SBCs require source data from multiple systems for example, National Accounts, Quoting Systems, Issued Plans, and Individual Plans. Elixir provides the technical bridge to these systems to extract and prepare the data for mapping to the SBC. Data is extracted from the required systems and mapped to the Elixir data schema. Business rules and calculations are applied to the data which in turn format the SBC.

Compliance Beyond the SBC
Compliance is a long-term initiative affecting most correspondence. The Tango platform used for the SBC application can be easily expanded to serve other document requirements and provides the same content management and compliance assurances.

Elixir is a recognized provider for solutions to the healthcare industry including by independent research firm Forrester Research, Inc. in the September 2011 report: “The Forrester Wave™: Document Output For Customer Communications Management, Q3 2011”. In the report, Elixir’s Tango solution achieves Strong Performer status and is top ranked in the SaaS category. The report goes on to say that Elixir’s focus is 100% on SaaS-based interactive applications like correspondence management and in particular, outside the firewall mobile applications such as management of membership cards for health insurance. Tango supports batch and on-demand production of SBC’s and can provide delivery via print and electronic including email, and web presentment.

“Many health plans looking for a solution to support the SBC requirement already have other Elixir software in place in various departments” says Feroz Zaidi, President. “Elixir has been a leading software developer since 1985 and a large number of health plan providers use Elixir products to support document composition for high-volume print production. Our expansion to support line-of-business correspondence such as the SBC has been welcome news to our existing customers and also proves Elixir as a seasoned and reliable long-term provider for highly regulated industries.

About Elixir
Elixir Technologies provides solutions that help boost the effectiveness of communications while reducing the overall cost to develop them. Tango is Elixir’s web-based platform integrating the people and activities associated with design and development of personalized print, mobile and online communications.