Financial Impact & Working Capital
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How much working capital can we preserve with an alternative funding model?
Traditional flex card vendors require three months of prefunding. For a $4M annual program, that's $1M locked in their account earning them interest while you lose opportunity cost. Miramar:Benefits requires one week. For the same program, roughly $320K. That's 68% more working capital staying in your accounts to earn interest or support operations.
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What does consolidating benefit administration save operationally?
Managing multiple vendors creates administrative burden, manual reconciliation, and fragmented member experience. Miramar:Benefits consolidates supplemental benefit programs into one platform, including flex cards, OTC, food benefits, transportation, rewards, and chronic condition programs, among others. Single vendor relationship. Unified billing. One contact for all issues. Significant reduction in administrative overhead.
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How does the funding model work?
Miramar:Benefits uses a pay-as-you-go funding model instead of large upfront prefunding for the entire benefit period. You fund based on actual utilization, not projected spend. Daily reconciliation ensures accuracy. Unused funds are returned promptly. This approach gives you maximum financial control while ensuring members never experience service delays.
Member Experience & Access
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How do members access their extra benefits?
Members get a single benefit card with access to 51,000+ retail locations and 910,000+ pre-approved OTC and grocery products. Real-time eligibility checking prevents declined transactions. Multiple ordering channels (online, phone, in-person) accommodate member preferences. One card. One experience. Consistent service across all benefit categories.
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What happens if a member has questions?
One centralized contact center handles all benefit questions across all benefit programs. No transfers between vendors. No "that's not our department" responses. Members get consistent service and faster resolutions because our support team has visibility into all benefit programs.
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How do members order OTC products and other benefits?
Multiple channels for member convenience. Online portal for self-service ordering. Phone support for members who prefer talking to someone. Mobile app for real-time eligibility checking and product lookup. Fulfillment is fast and reliable with tracking available.
Accuracy, Compliance & Audit Readiness
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How accurate is the reconciliation?
To-the-penny accuracy with automated daily reconciliation. No manual processes. No discrepancies. Automated validations catch errors before they reach members. Every transaction is logged and auditable. When reconciliation is this accurate, you eliminate disputes, chargebacks, and member service issues.
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Are you audit-ready for CMS?
Yes. Over a decade of Medicare Advantage experience. Established compliance processes built into every workflow. Every transaction logged. All data organized in audit-ready formats. When CMS comes calling, you'll have everything they need at your fingertips, no scrambling to pull reports from multiple systems.
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Can the platform generate the reports CMS typically requests?
Absolutely. Standard reports for common CMS requests. Custom reporting for specific questions. Direct access to your data for ad hoc analysis. We also have the ability to generate the member universe on behalf of the plan and submit it to the plan in the event of a CMS audit. Everything is designed to be audit-ready from day one.
Analytics, Reporting & Optimization
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Can we measure what's actually driving member retention?
Yes. Detailed utilization reporting by benefit category and member segment. Correlation analysis between benefit usage and member retention. Identification of high-impact benefits vs. underutilized programs. This data informs your benefit strategy and helps you make strategic decisions about which benefits truly drive value.
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What analytics do we get?
Standard analytics include utilization reporting by benefit category and member segment, trend analysis over time and reporting on actual spend and associated transactional detail. Analysis is descriptive and observational, focused on understanding how benefits are used and where costs are concentrated. Analytics are delivered through dashboards and standard reports, with custom reporting available by request.
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How does this support our CMS bid preparation?
Vendor data is critical for accurate CMS bids. We provide historical utilization and cost data by benefit category. Comparable data from similar plans (benchmarking). Member demographic breakdowns of utilization. Trend analysis to support projections. Support in interpreting data and developing cost assumptions. This enables more accurate bid projections and reduces risk of adverse selection or underpricing.
Integrations & Technical Requirements
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Will Miramar:Benefits integrate with our existing systems?
Yes. Miramar:Benefits is engineered for seamless interoperability with a wide range of external platforms. We facilitate robust data exchange and seamless integration through standardized EDIs and modern APIs, ensuring a secure and cohesive ecosystem. Additionally, the platform features Single Sign-On (SSO) capabilities for both health plan members and administrators to streamline the user experience. For organizations with unique infrastructure, our technical team is available to consult on and develop custom integration solutions tailored to your specific requirements.
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What if we use a non-standard system or vendor?
We've integrated with many different systems over the years. Even if we haven't worked with your specific vendor before, our API-first architecture and standardized EDIs make new integrations straightforward. We'll handle the technical work. You won't need to change your existing vendor relationships.
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How does the platform handle real-time data synchronization?
Miramar:Benefits uses modern REST APIs across its ecosystem to make sure data is always synchronized in real-time. When a member makes a purchase using their benefit card, Miramar:Benefits uses REST APIs in the background to ensure member’s purchase and balance are updated across all the connected systems simultaneously right away.
Implementation & Getting Started
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How long does implementation typically take?
Our implementation is typically 180 days and can be completely managed by Convey with limited resources needed from you. We've streamlined the process because we know you can't afford any downtime. Our implementation team handles the heavy lifting, including data migration, member collateral, system configuration, and staff training.
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Do we need to shut down operations during the transition?
No. We design implementations to minimize disruption to your daily operations. Critical functions continue running while we configure and test your new system in the background.
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What kind of IT resources do we need?
Minimal. Your IT department won't need to maintain servers, manage updates, or handle technical troubleshooting.
Support & Ongoing Partnership
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What kind of support do you provide after implementation?
You get a dedicated team, led by a client success manager that understands your business, ensures timely technical support for urgent issues, holds regular check-ins to optimize your operations, and shares proactive guidance on regulatory changes. Think of us as an extension of your team.
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How quickly do you respond to support requests?
For urgent issues affecting member services or CMS compliance, we respond, on average, within one business day. For most general questions and non-urgent requests, you'll receive a response within 3 business days. Most issues are resolved on the first contact. Our support team has deep knowledge of both the platform and Medicare Advantage operations.
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Do you provide staff training?
Yes, comprehensive training is included. We provide initial training as part of implementation, and the platform's intuitive design allows most staff to become proficient quickly. Our team is always available for additional support whenever questions arise.
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What happens if we need custom features or modifications?
We work with you to understand your specific requirements and determine the best approach. Many requests can be handled through the platform's configuration options. For truly custom requirements, we evaluate whether it makes sense to build into the core platform (benefiting all clients) or create a client-specific solution.
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What about security and data protection?
Security is built into every layer of the platform. We maintain HITRUST certification, HIPAA compliance, and follow all CMS security requirements. Your data is encrypted in transit and at rest, with role-based access controls and comprehensive audit trails. We handle all security updates and monitoring, so you don't have to.
Why Miramar:Benefits
One platform for all supplemental benefits - flex cards, OTC, food, transportation, hearing, rewards, chronic condition programs. No vendor fragmentation.
Purpose-Built For Medicare Advantage
Over a decade of experience. Millions of transactions annually. Built specifically for supplemental benefit administration.
Financial Efficiency
68% more working capital. Consolidated billing. Automated operations reducing manual process.
Member-Centric
Unified experience across all programs. Real-time eligibility. Multiple access channels. Centralized support.
Data-Driven
Comprehensive analytics showing what drives member retention. Support for strategic benefit optimization.
Compliance-ready
Strong CMS track record. Audit-ready processes. Proactive regulatory monitoring.
Operational Excellence
To-the-penny accuracy. Seamless integrations. Minimal IT overhead. Comprehensive support.

