Open enrollment is not the only time of year where the right benefits administration technology can save you time, money and keep you in compliance. With employees coming on and off your plan all year long, you need a tool where vital data does not fall through the cracks, costing you money and your employees heartache.
WHY IS BENEFIT ADMINISTRATION TECHNOLOGY IMPORTANT?
According to a SHRM survey, 92% of employees said that benefits are important to their overall job satisfaction.
Today insurance brokers and organizations have the ability to choose from hundreds of benefits options. Utilizing benefits administration technology simplifies the benefits selection process and makes it easier to monitor enrollment in real time.
WHAT SHOULD YOU CONSIDER WHEN EVALUATING BENEFITS ADMINISTRATION TECHNOLOGY?
- Is the system ONLY used for Open Enrollment or is it year-round?
- Is the data and deductions fully integrated with the technology used to pay your employees?
- How do ALL benefit changes get communicated to your various carriers throughout the year?
- Can your benefits broker work with the technology you are considering?
We’d love to come alongside you and help you make the right decisions when it comes to leveraging benefits administration technology. Learn more about our iEnroller technology solution here.