Foster Product Services
Qualified Health Plan (QHP) Services
Foster Product Services is a healthcare insurance product services division of Foster Business Consulting. Foster Product Services have recently launched a new Qualified Health Plan (QHP) product service platform called QHPAssist that targets the many manual process steps that issuers perform each year when filing their product portfolio. Their mission is to help our clients focus their staff on building winning product portfolios instead of spending countless hours preparing product filing content.
WHY FOSTER PRODUCT SERVICES?
Foster Product Services is built on a strong foundation of Affordable Care Act topics that date back to its inception. The Foster team were founding participants in the CMS Alpha groups and have been active in all plan years since 2014. Foster Product Services is dedicated to deliver exceptional results at a reasonable cost.
MANAGED CARE SEGMENTS / LINES OF BUSINESS SERVED:
PRODUCTS / SERVICES:
QHPAssist is a new product service platform Foster Product Services is offering to assist issuers with their Qualified Health Plan (QHP) filing and product deployment. Plan Year 2024 is their first year in the market. Initial capabilities for the platform include the generation of Summary of Benefits and Coverage Documents with integration with the CMS examples calculator. This platform will continue to add capabilities for PY 2025 and will significantly reduce manual effort and improve the quality and compliance of their client's QHP submission content.