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Advanced Benefits - Management
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Advanced Benefits Management components include everything you need to
setup your benefit plans, enroll your employees, and maintain their
benefit records. Setup is simple; in three easy steps you identify
benefits, define eligibility, set premiums and contributions, and even
calculate employee payroll deductions. And with our single-step
enrollment process those figures are automatically applied as each employee is enrolled. Benefit maintenance is managed
through familiar screens with a comfortable interface. Make
carrier plan changes at the company level and let the system update each
employee benefit and recurring payroll deduction record automatically.
This is the fastest way to get your
employee benefit information under control.
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Benefit Identification
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Setting up your benefit plans is easy.
Identify each benefit by carrier, plan code, and type. Our
comprehensive rules-based engine supports a wide range of benefits such
as age, wage, fee, coverage, and even custom based plans. Control
eligibility by location, status, qualifying period, and age for
employees and their dependents. Premium costs, contribution
amounts, and recurring payroll deductions are also setup at this
master table level. When you need help, one of our trained benefits representatives
will guide you
step-by-step through the entire setup process.
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Employee and Dependent Enrollment
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Enrolling your employees and their dependents is even easier.
Simply select the benefit code and coverage level, then enter the
enrollment dates and you're done. The system completes the details
for employee and dependent premiums, employee and employer contributions,
and even calculates recurring payroll deduction amounts - then it forwards those
amounts to your payroll system. Once your employees are enrolled
you'll have all the benefit information you need organized in a central
location for easy reference and maintenance.
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Benefit Maintenance
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Maintaining benefits is also a simple process. Changes to
individual employee benefits are managed with
the same screen used for enrollment. Age and wage based benefits
are monitored by the system and controlled by the user. Changes to
company benefit plans are recorded in the benefit master table and then
applied to all actively enrolled employees and their dependents. New amounts
for premiums, contributions, and payroll deductions are generated for
each individual affected. As always, a complete set of history records is
automatically maintained by the system reflecting all benefit and payroll
deduction records as of any point-in-time.
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