Financial Management Requirements Traceability Matrix Mark only 1 column with an "X" per requirement Bidder Response Ref Requirement Description Out of the Custom Design Narrative Section Code Category "The system Box Configurable and Development Does Not Meet Reference Comments/Clarifications FM-1 Premium Aggregation Aggregate employer premiums due to each insurer. Generate itemized invoice to insurers of premiums FM-2 Premium Aggregation due including user fee deductions. Process payment of aggregated premiums to FM-3 Premium Aggregation insurers. Provide capability to record when a payment FM-4 Premium Aggregation discrepancy is reported by carriers. Provide capability for authorized users to adjust FM-5 Premium Aggregation carrier payment information to resolve discrepancy. Provide capability for authorized users to record FM-6 Premium Aggregation resolution of a carrier discrepancy. Incorporate discrepancy resolution adjustments FM-7 Premium Aggregation (positive or negative) in carrier payment. Transmit SHOP market user fee data to exchange FM-8 Premium Aggregation accounting system Maintain an trail of all financial transactions FM-9 Financial Reports and funds moved through the SHOP.
Financial Management Requirements Traceability Matrix Mark only 1 column with an "X" per requirement Ref Code Category Requirement Description "The system Out of the Box Configurable Custom Design and Development Does Not Meet Bidder Response Narrative Section Reference Comments/Clarifications FM-1 Premium Aggregation Aggregate employer premiums due to each insurer. FM-2 Premium Aggregation Generate itemized invoice to insurers of premiums due including user fee deductions. FM-3 Premium Aggregation Process payment of aggregated premiums to insurers. FM-4 Premium Aggregation Provide capability to record when a payment discrepancy is reported by carriers. FM-5 Premium Aggregation Provide capability for authorized users to adjust carrier payment information to resolve discrepancy. FM-6 Premium Aggregation Provide capability for authorized users to record resolution of a carrier discrepancy. FM-7 Premium Aggregation Incorporate discrepancy resolution adjustments (positive or negative) in carrier payment. FM-8 Premium Aggregation Transmit SHOP market user fee data to exchange accounting system FM-9 Financial Reports Maintain an trail of all financial transactions and funds moved through the SHOP.
AHIM_Premium_Aggregation_RFP_Appendices.docx