Why Struggle With Paper?
Too many employers continue to manage benefits with paper. Those employers are spending an average of about $1,000 per employee per year on human resources and benefits administration.
Here are arguments you can use to convince employers that automation will help their bottom lines by improving compliance with their rules, carriers rules, and a long list of laws and regulations.
1. Manual benefit enrollment and administration processes force brokers and human resources staff to spend an inordinate amount of time deciphering illegible handwriting and correcting erroneous benefits elections. When mistakes slip through, employers and plans may face big, unexpected claims.
2. The consultants who set up a well-designed benefits administration system can incorporate the clients business rules for eligibility, enrollment and program options.