Each of our pricing options has been developed with the needs
of our customers in mind. Not only have we committed ourselves
to being the lowest cost Clearinghouse solution available, but
we have also created options that will assist the administrators
in tailoring this solution to their specific organizations forecasting
and management needs.
| PER TRANSACTION |
This is a typical pricing
plan that has developed throughout the emerging industry.
Each and every transaction is tracked and charged for and
requires an initial setup fee that includes all configuration
and testing services.
| Advantages |
Disadvantages |
- Costs are only incurred when transactions actuall occur.
- No annual contract required.
|
- No ability to forcast financial impact of transactions.
- Highest transaction fee cost of offered plans
|
| One Time Fees |
| |
Desciption |
Comments |
| $12,000 |
Client Account Setup |
Required for all new accounts. |
| $2,500 |
X12N 837 Format |
Includes, Institutional, Pofessional and Dental. |
| $2,500 |
X12N 835 Format |
Requires X12N 837 Format |
| $2,500 |
X12N 834 Format |
|
| $2,500 |
X12N 270/271 Format |
Includes both Request & Response |
| $2,500 |
X12N 277/278/275 Format |
Requires X12N 837 & 835 Formats |
| Transaction Counts & Recurring Fees |
Included
Transactions |
Monthly
Fee |
Annual
Fee |
Transaction
Fee |
Transmission
Fee |
Contract
Term |
Customization
Rate |
Comments |
| N/A |
N/A |
$2,750 |
$0.41 |
$0.23 |
N/A |
$100/HR |
Each Transaction and Transmission are charged as they occur. After initial setup, the only costs are actual usage and annual renewal fee. |
|
|
| PER
MEMBER PER MONTH |
A unique pricing option
that was developed at the request of Fund Administrators
who needed to exactly forecast the impact of Clearinghouse
transactions on their funds. This pricing option practically
eliminates all variables in determining costs. Pricing
is only dependent upon the number of members enrolled
in your plan. There are no setup or annual fees!
| Advantages |
Disadvantages |
- Fund as no unforseeable costs.
- Fees never vary based upon transactions.
- Protects fund variations from being impacted unnecessarily.
|
|
| One Time Fees |
| |
Desciption |
Comments |
| $4,000 |
Client Account Setup |
Required for all new accounts. |
| $2,000 |
X12N 837 Format |
Includes, Institutional, Pofessional and Dental. |
| $2,000 |
X12N 835 Format |
Requires X12N 837 Format |
| $2,000 |
X12N 834 Format |
|
| $2,000 |
X12N 270/271 Format |
Includes both Request & Response |
| $2,000 |
X12N 277/278/275 Format |
Requires X12N 837 & 835 Formats |
| Transaction Counts & Recurring Fees |
Included
Transactions |
Monthly
Fee |
Annual
Fee |
Transaction
Fee |
Transmission
Fee |
Contract
Term |
Customization
Rate |
Comments |
| Unlimited |
$2.50
Times
Members
|
$0.00 |
$0.00 |
$0.00 |
2 Years |
$100/HR |
Member counts may be periodically verified. |
|
|
| PRICED
TO FIT |
| The most popular pricing
option for most organizations. This pricing plan has
three options that are designed to meet the needs of
various sized plans. Each Option has a number of transactions
included in the per month fee. Only after that number
has been met will the “per transaction” fee
be charged. The “per transaction” rate of
those transactions included in the monthly fee represents
the lowest rate available. The overage rate is only slightly
higher, but still represents a tremendous savings over
other alternatives.
Clients may “scale up” to the next higher
option at any time to gain the lower transaction rates.
| Advantages |
Disadvantages |
- Reduces per transaction fees while incurring only moderate setp fees
- Creates a scalable solution tailored to the size of each fund.
|
- Does not entirely remove financial impact of transaction traffic from affecting the funds budget.
|
| One Time Fees |
| |
Desciption |
Comments |
| $4,000 |
Client Account Setup |
Required for all new accounts. |
| $2,000 |
X12N 837 Format |
Includes, Institutional, Pofessional and Dental. |
| $2,000 |
X12N 835 Format |
Requires X12N 837 Format |
| $2,000 |
X12N 834 Format |
|
| $2,000 |
X12N 270/271 Format |
Includes both Request & Response |
| $2,000 |
X12N 277/278/275 Format |
Requires X12N 837 & 835 Formats |
| Transaction Counts & Recurring Fees |
Included
Transactions |
Monthly
Fee |
Annual
Fee |
Transaction
Fee |
Transmission
Fee |
Contract
Term |
Customization
Rate |
Comments |
| Option A |
| 4,000 |
$1,092 |
$0.00 |
$0.38 |
$0.18 |
1
Year |
$100/HR |
Included "per transaction" cost of this plan is approx. $0.27/transaction |
| Option B |
| 8,000 |
$1,638 |
$0.00 |
$0.29 |
$0.18 |
1 Year |
$100/HR |
Included "per transaction" cost of this plan is approx. $0.20/transaction |
| Option C |
| 20,00 |
$2,192 |
$0.00 |
$0.20 |
$0.18 |
1 Year |
$100/HR |
Included "per transaction" cost of this plan is approx. $0.15/transaction |
|
|
|
