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Beacon Healthcare Systems
United States
2010 (15 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Beacon Healthcare Systems
Company Information
Get to know Beacon Healthcare Systems
Beacon Healthcare Systems is a leading provider of Medicare Advantage and PDP compliance management technology solutions. In today’s climate, the Centers for Medicare and Medicaid Services (CMS) mandates adherence to over 200 rules and regulations. Failure to identify and take corrective action on compliance gaps represents significant business risk that can result in severe penalties and sanctions. Beacon provides Software as a Service (SaaS) compliance management solutions, regulatory content integration services, and compliance operation services to keep your plan’s compliance program up-to-date and prepared for CMS audits. Their solutions help you train employees on policies and procedures, provide documented evidence of corrective actions, manage governance processes, improve efficiencies, and enhance transparency. Beacon’s solutions are designed to meet the needs of plans with 2,000 members or more.
Industry
- Financial InsurancePRIMARY
- Technology Software Development
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