Generating SECURE 2.0 Interim Amendments for pre-approved plans can be a massive, painstaking, and time-consuming project that is not without risk. However, ASC’s highly acclaimed Plan Document Generation & Management (DGEM) System gives you the ability to automate the process and dramatically decrease the time, energy, and mental effort involved in processing SECURE 2.0 Interim Amendments.
ASC’s Plan Document System helps TPAs streamline the process through automation, standardized workflows, and Provider-level controls designed specifically for high-volume amendment projects.
ASC Plan Document System improves efficiency, organization, and consistency while reducing manual effort and administrative risk throughout the SECURE 2.0 Interim Amendment process.
SECURE 2.0 Interim Amendment Wizard
The ASC Interim Amendment Wizard built into the ASC Plan Document System helps Plan Providers manage SECURE 2.0 Interim Amendments more efficiently by allowing default elections to be established once and applied consistently across adopting employers.
The ASC Interim Amendment Wizard enables Providers to:
- Establish default elections that apply across most plans;
- Reduce repetitive data entry;
- Generate amendment packages individually or in batch;
- Generate customized Summary of Material Modifications (SMMs);
- Streamline Employer-level processing; and
- Reduce inconsistencies across amendment projects.
Only plans requiring elections different from the Provider defaults need to be addressed separately, significantly reducing administrative workload.
Reduce Employer Signatures and Administrative Burden
One of the most significant advantages of ASC’s Provider-level approach is the ability, in many situations, to reduce the number of Employer signatures required during the SECURE 2.0 Interim Amendment process.
By establishing Provider-level default elections, adopting employers that accept those defaults may not need to separately execute individual election decisions, substantially streamlining the amendment process for both TPAs and plan sponsors.
This becomes especially valuable during large-scale amendment projects involving hundreds or thousands of plans.
Batch Processing and Integrated Workflow Efficiency
SECURE 2.0 Interim Amendment packages can be generated individually or in batch, helping TPAs process large volumes of plans more efficiently and consistently.
The ASC Plan Document System also retains amendment election data within the system, allowing elections to flow forward into future amendments and restatements. This reduces repetitive work, improves consistency between documents, and minimizes the risk of discrepancies between interim amendments and future restated documents.
By automating repetitive processes and centralizing amendment management, ASC Plan Document System helps TPAs reduce manual effort, improve oversight, and manage SECURE 2.0 Interim Amendments with greater efficiency and control.
To schedule a demo, call us at 877-513-2183 x1 or email sales@asc-net.com.
