Employees can enroll in benefits plans on-line, accessing only the plans and contributions they are offered at the time they become eligible, or experience a qualified Life Event.
Open Enrollment is streamlined by offering the coverage’s via the internet, eliminating the cost associated with printing and mailing Open Enrollment Materials. Accuracy and consistent communication reduces employer liability. This process is much more efficient and cost effective than burdensome employee meetings. Information is posted on the Web and Employees can link to Carriers while selecting their coverage. Records can be defaulted automatically in a Passive Enrollment.
Eligibility data is interfaced to Carriers electronically, eliminating the need for paper enrollments.
Payroll Deduction amounts are transmitted electronically to the payroll vendor, eliminating manual processes and duplicate data entry.
Integration of data provides means to ensure Privacy of Private Health Information under HIPAA. COBRA Administration is made easy with real time reports tracking Qualifying Events. Correspondence can be generated if administered in house, or files can be transmitted to your COBRA vendor, ensuring time requirements are met.