BENEFIT ADMINISTRATION SERVICES
Benefit plan administration can be an overwhelming and stressful experience in today's marketplace. Today, owners and benefit administrators have to be more innovative than ever before in order to control costs, create efficiency, and mitigate compliance risks. Gone are the days of providing rich benefit plans tailored toward affordability....or are they? Don't go through the headache of trying to uncover different cost-effective benefit solutions while dealing with the Affordable Care Act's compliance rules & regulations associated with it. We're the experts. Let us administer it for you!
How Benefit Innovations Group Can Help Your Company
Enrolling in BIG Benefit Administration Services allows us to:
- Manage the annual Open Enrollment period for eligible employee population, including preparing an Open Enrollment Form, collecting additional communications to explain benefit plan changes, determining if any required annual notices should be distributed, printing and distributing Open Enrollment packets, collecting and processing Open Enrollment Forms, providing employees confirmation of election changes, issuing new deduction Coupons, and notifying the carrier or client of participant election changes.
- Create & administer benefit plans and packages for retirees and/or over 65 employee population.
- Conducting all employee educational meetings and providing employee packets for distribution.
- Providing onsite benefit counselors to facilitate the enrollment and waiving of all eligible employees including printing of all forms and documents.
- Maintain proof of enrollment records for all benefits.
- Create, provide, collect and process benefit election forms.
- Collect and process Benefit Change Requests from employees.
- Assist with notifying carrier(s) of elections, changes and terminations.
- Provide a dedicated Specialist for employee support for all benefit plans.
- Gather all deductions and provide detailed deduction reports for payroll processing and input.
- Conduct new hire benefits orientation and on-boarding.
How simple is it to enroll with us? Understand the BIG process in little time. Click Here.