Pool Administrators Inc. operates simple, safe and cost-effective mechanisms.
Pool Administrators Inc. (PAI) is responsible for administering reinsurance pools in more than 25 states over the last 12 years, while our leadership has been highly involved in reinsurance pools for 20 years. The pools administered by PAI are simple, safe and cost-effective mechanisms that have been created to stabilize the marketplace by spreading the risk of adverse selection associated with a guaranteed issue environment in the small employer and individual markets. In order to do this, the administrative techniques we use are tailored to these nontraditional types of pools and, as a result, our services are different from administrative practices typically offered. Administration is kept simple for the client due to the use of PAI’s sophisticated, custom systems and wealth of experience. The pools we administer are safe by design because all losses of the pool are guaranteed by the carriers in the state.
We offer a wide variety of services based on the specific needs of our clients. Most of these services are standard, however additional services are available based on client requirements. Our core services include:
- Premium Billing, Collection & Reconciliation
- Enrollment & Eligibility Maintenance
- Eligibility & Subsidy Administration, (including determination)
- Claim Reimbursement
- Complete Assessment Administration
- Customized Monthly Reporting
- Customer Service Support
- Financial Oversight of Operations
- Marketing & Public Outreach
Cost-Effective Systems and Practices
PAI’s administrative technique allows the carrier to self-administer its own business using world class technology supported by high-level personal service. We continuously evaluate and improve this approach in order to keep our client’s administrative costs low. Our unique systems have been developed to automate the majority of user processes, which helps ensure accuracy and allows for speedy processing at a low cost. In addition, systems are maintained locally and can be easily modified to suit the needs to our clients.
PAI is a team of highly respected professionals. Our accounting department manages all of our clients’ financial needs. Our Benefits Administrators, along with our Client Consultants, handle the day-to-day operations. Our Account Management Team is staffed with quality assurance and account management specialists, as well as an executive account manager -- Karl Ideman, President and co-owner of Pool Administrators Inc. with his daughter, Alyson.