Time/Cost
Considerations |
With Benelogic's
Solutions and Services
|
Without Benelogic |
| Design,
Printing and Distribution of Enrollment Material |
Online Benefit Guides
eliminate expensive printing and distribution costs and ensure
employee access to the most recent benefit updates. |
? |
| Educating
Employees about Benefit Options |
Benelogic provides easy access to benefit
options, reducing telephone calls and the need for lengthy employee
meetings. |
? |
| Administration of Complex Benefit
Plans |
Employee Enrollment Wizard
applies business rules to present each employee with only the
benefits for which he/she is eligible, reducing confusion and
errors in enrollment. |
? |
| Managing
Open Enrollment |
Reporting tools allow the Human Resources staff to
track each employee's progress, reducing the need for follow-up
and sorting through piles of enrollment forms. |
? |
| Follow-up
on Incomplete or Illegible Applications |
Employee Enrollment Wizard
guides users through the benefit election process, prohibiting
incomplete or illegible applications. |
? |
| Updating
Payroll Deductions |
A client-specific payroll file is posted
regularly to the Human Resources Portal, eliminating the need
for manual entry. |
? |
| Reconciling Carrier Invoices |
Online billing tools
consolidate carrier invoices and compare data to the
enrollment system, eliminating the need for manual collection
and comparisons of carrier invoices. |
? |
| Premium
Payments for Terminated Employees |
Timely electronic data transmissions reduce
retroactive terminations and related employer liability. |
? |
| Communication of HR Policies and
Procedures |
Forms
library provides the means
to post company documents including, but not limited to, handbooks,
policies, request forms and summary plan descriptions
reducing the number of phone calls made to Human Resources. |
? |
| Benefits-Related Reporting |
Standard and custom reports are accessible by
plan sponsors at no additional charge. |
? |
| Compliance |
Benelogic's Compliance Unit
ensures that the system meets applicable Federal and State
requirements, reducing employer liability. |
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