Administration for over 70,000 members of the CBHS Health Fund in Australia is moving to a paperless model, with the decision to move ahead with ReadSoft to automate inbound medical insurance claims.

Celebrating its 50th year of operation in 2011, CBHS is a not-for-profit, private health insurer for current and former staff of the Commonwealth Bank and their families.

CBHS has chosen ReadSoft DOCUMENTS to help reduce the time taken to process medical claims and help reduce overall management costs.

ReadSoft is developing a healthy profile in medical claims processing in Australia, following its wins in 2010 to provide for up to 4000 medical and hospital claims a day for HCF and Manchester Unity Australia Ltd (MUA).

The implementation of the new technology at CBHS will happen over the coming weeks and will coincide with the rollout of the new .NET version of Paragon, the Health Fund management system developed by local Sydney company Network Logic Health Systems.