Online benefit enrollment is simple, cost-effective and convenient and offers a host of other advantages for employers. These advantages are:
- Simplifies the process of annual open enrollment/life event changes and eliminates time-consuming, error prone paperwork
- Automatically transfers employee data to multiple carriers in a single step and ensures accurate enrollment and premium submissions with HIPAA compliant EDI 834 transfers
- Reduces expenses by streamlining enrollment, communication and administrative costs
- Provides comprehensive budget and cost data on a real time basis
- Allows for employee self-service