Remove Deductible Remove Employee Enrollments Remove Payroll
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10 Best Benefits Administration Software in 2023

HR Lineup

This software is a comprehensive platform that allows HR professionals, benefits managers, and employees to efficiently manage, access, and make decisions regarding benefits such as health insurance, retirement plans, leave policies, and more. Top 10 Benefits Administration Software of 2023 1.

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Look Before You Leap: Payroll-Ben Admin Tech API Considerations

HR Professionals Magazine

Many employers’ tech stacks consist of disparate systems for payroll/HRIS and benefits administration (ben admin). However, because of the relative novelty of APIs between ben admin and payroll providers there is no established standard yet. If so, consider how this might impact the enrollment window you allow for your employees.

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Worksite benefits: Hospital indemnity insurance and beyond

Higginbotham

And, for most hospital indemnity plans, there are no deductibles, provider networks or other complications to worry about. Your employees may use their hospital indemnity insurance benefits to cover deductibles, copays, out-of-network costs and other expenses associated with a hospital stay. However, education is key.

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Compliance checklist for HR professionals for year-end and beyond

PeopleStrategy

Assessing open enrollment and employees’ overall involvement in benefit offerings should be a big part of any year-end HR checklist. Obviously you and the providers you select for your benefit offerings need to know how many employees enroll in each plan. Payroll compliance checks.

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What Is Group Insurance Coverage and How Does It Work?

Fringe Benefit Analysts

Some companies may contribute more, lowering the cost for their employees, while others may not be able to put as much toward the premium, requiring that employees pay more. In order to qualify for group health insurance, an employee must be on a participating employer’s payroll. How To Enroll.

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What You Need to Know About Benefits Enrollment Technology

Winston Benefits

If you plan to use the platform to communicate with employees, make sure it can host communication materials and videos. Consider enrollment windows as well. Some platforms can integrate with payroll, talent-management platforms and other systems — and even simplify tax credit applications. Customization. Integration.

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Do More With Less in Your HR Department

Benefit Resource Inc.

By working to address these things through automation and process improvements, you’ll help employees reduce their workloads – thus, decreasing chance of burnout and turnover. One of the biggest time sucks for an HR department is payroll and employee benefits. Compensation & Benefits Administration. That’s a LOT!

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