Document type

Intelligent Benefit Statements Processing

Extract detailed information from insurance benefit statements, including coverage summaries, enrollment details, and claim histories for comprehensive benefits administration.

Process Benefit Statements Now

99.5%Accuracy

90%Time Saved

24/7Processing

Processing Steps

How to Process benefit-statements

Follow these simple steps to extract data from your benefit-statements

Upload Statement

Upload benefit statement documents in any format

Plan Identification

AI identifies the benefit plan types and coverage details

Benefit Extraction

Extract all benefit provisions, contributions, and account information

Personalized Summary

Generate a comprehensive summary of all benefit provisions

Extracted Data

Benefit Statements Fields

ParseIQ automatically extracts and validates these fields from your documents

Field Name	Type	Required	Description	Example
statementId	string	Yes	Unique identifier for the benefit statement	N/A
statementDate	date	Yes	Date when the statement was issued	N/A
statementPeriod	object	Yes	Period covered by the benefit statement	N/A
memberName	string	Yes	Name of the insured member	N/A
memberId	string	Yes	Member identification number	N/A
planSponsor	string	No	Name of the employer or plan sponsor	N/A
planName	string	Yes	Name of the benefit plan	N/A
planType	string	Yes	Type of benefit plan (medical, dental, life, retirement, etc.)	N/A
coverageLevel	string	Yes	Level of coverage (individual, family, etc.)	N/A
coverageDetails	object	Yes	Detailed breakdown of coverage provisions	N/A