Spend less time on admin logistics and more time on your clients.
CoverageWizard is a fast, easy and automatic way to verify your client's coverage. Saving you time and money while decreasing your liability.
The first automated auditing tool for insurance coverage.
On average it takes up to 5 hours to audit your client's eligibility after open enrollment. Plus, countless hours spent resolving eligibility issues and rate discrepancies throughout the year.
With Coverage Wizard, a full audit report can be run in a matter of minutes.
With Coverage Wizard, a full audit report can be run in a matter of minutes.
1 - You upload your client's enrollment reports
2 - CoverageWizard automatically compares files and identifies every miss-match and discrepancy
3 - You get an interactive list of every issue that you can collaborate with your team to resolve, correct and make sure you're properly covered.
We've got you covered
CoverageWizard was built by brokers to help minimize errors and save time by automatically comparing your BenAdmin system with your carrier's coverage.
New Account Tools
Coverage Change
Company Growth
Agency Structure
Task Tracking
Team Collaboration
Identify potential issues automatically
Any mistake in coverage can lead to big costs and liability.
Missed employee enrollment
Non-covered dependent elections
Missed employee terminations
Incorrect plan elections
Carrier rate misconfigurations
Enrollment mistakes
+ Other common human errors
Full audit history with error logs
Our system automatically logs and tracks every report and audit to help you keep your team and coverage on track.
Full History of Audit Discrepancies
Collaboration tools to assign error correction to team members.
Timestamps on error resolutions.
Create teams within your organization and assign specific clients and permissions.
Most carriers allow 30-60 days to retro terminate or enroll an employee. CoverageWizard lets you find and correct mistakes instantly to save money, time and liability.
Missed Terminations
Brokers or clients have to eat the cost for missed employee terminations
E&O claim to cover cost
Missed Enrollment
Claim not covered, Client or Broker pays for the cost
E&O claim to cover the cost of the claim for the employee
Exception granted from carrier, premium charge back to your client
Employee has to wait for the next years open enrollment to enroll
Access to care issues at the doctor, emergency room or hospitalization
Dependents missed during enrollment
Can't fill prescriptions
Carrier Loads Wrong Rates
Employer could be paying a much higher premium then sold
Retro rate action and surprise invoice adjusting higher premiums
Employee Enrolled on the Wrong Plan
Employee upset they got the wrong plan
Employee's payroll deductions were missed calculated
Access to care issues
Employer Liability
About Us
CoverageWizard was created for brokers by brokers to help navigate processes in a streamlined way.
The role of the insurance brokers has changed tremendously over the past 5 years. The past role for a broker included, doing everything on paper and making numerous phone calls. Now, to managing everything online through BenAdmin platforms. With employers wanting more, the look at brokers to manage eligibility, mange the platform and pay for these services. CoverageWizard provides the piece of mind and accountability for everyone involved.
What our customer say
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Amanda LeeUI / UX Designer
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Kate MossSupport Manager
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Melisa PomeroManager
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John SwayGraphic Designer
Early Access
Request early access and get the latest release info directly from our team.