Keep all employee enrollments current with every carrier. Automatically communicate new hires, terminations, changes in coverage, eligibility details, life events and open enrollments.
Automatically communicate employee actual contributions with 401k, FSA, HSA, HRA administrators, every pay cycle. Include employee deductions for taxable and nontaxable plans, employer contributions and employee loan repayments.
The value of the One Network is connecting the people, the process and the data; intelligently, securely and reliably across the benefits value-chain.
Automatically start, stop and change deductions in payroll to match each employee’s carrier insurance premiums, including employer contributions.
Perform consolidated, multi-carrier premium billing. Administer self-billing. Reconcile carrier premium invoices against enrollments. Automatically catch and calculate any adjustments and retroactive activity.
“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” Bill Gates
Integrate premium, enrollment and claims data to reduce risk and better manage costs of self-funded health plans.
Administer COBRA requirements between employers and carriers including eligibility, notices, enrollments premium collection and payments. Communicate employee demographics, changes in employment status and qualifying life event details to third-party administrators.
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