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Connect any to any platforms & many to many sources
Leverage EDI or API technology
Here at eBN we understand each entity has different needs and require different pricing structures based on how you bill your employer groups. eBN has many options and can always be creative to find a structure that works for all parties.
ERP means Enterprise Resource Planning: the integrated management of main business processes, often in real time and mediated by software and technology.
ERPs applied to HR includes a suite of integrated business software applications (often called modules) that allow companies to track and manage data and even automate some business functions, including Human Resources tasks.
eBN has created an ecosystem able to support various industry roles including that of the General Agent (GA). As part of our GA Solution, we’ve created one platform that supports the following:
• Plan Library
• Underwriting Rule Engine
• Initial Enrollment Transmission for Group & Employees via Digital Forms and EDI/API connectivity
• Ongoing open enrollment & maintenance transmissions for the employees within the employer groups
With our solution the GAs can minimize risk of being out of compliance, streamline their internal processes and attract more customers with the automation aspects.
TPA means Third Party Administrator and it can take on several meanings within the HR industry.
For insurance topics, a third-party administrator is a company that provides operational services such as claims processing and employee benefits management under contract to another company.
Insurance companies and self-insured companies often outsource their claims processing to third parties.
For retirement benefits, a TPA is an organization that manages many day-to-day aspects of an employee retirement plan.
A TPA performs responsibilities such as designing retirement plan documents, preparing employer and employee benefit statements, preparing employer and employee benefit statements, ensuring the plan follows the IRS non-discrimination requirements, preparing annual returns and reports required by IRS, DOL or other government agencies.
These tasks are often burdensome and time consuming for many businesses.