Online Benefit Plan Enrollment
It is estimated that over $50 billion is spent annually on duplicative paper processes in administering employee benefit plans.
the bagnall company offers a web-based employee benefits enrollment and management system which will reduce administrative time and costs.
Online enrollment, management system offers multiple efficiencies
Our processes streamlines benefits enrollment, enhances benefits management, and improves information sharing among employees, employers, and insurance providers.
How do we streamline the enrollment process? Our program……
- Enables efficient data sharing and transferring of benefits information to any third party who can accept electronic files
- Produces enrollment forms populated with information entered online by the employees (for vendors who require forms)
- Produces online employee benefit statements (The “Hidden Paycheck”)
- Allows documents (such as SPD’s or benefit overviews) to be uploaded for employees to access any time
- Includes a modeling component to calculate benefit costs during the enrollment process
- Tracks the Evidence of Insurability processes
- Leverages the use of information collected for management reporting purposes. Information can be downloaded into
- Microsoft Excel or Access to further customize reports
- Integrates benefit election data with existing internal systems, such as payroll, HRIS, and other corporate accounting and management systems
- Produces vendor billing information
- Maintains a chronological transaction log vital to the integrity and accountability of any benefits administration system
- Increases accuracy and efficiency by collecting all required employee information the first time
Bagnall Clients
Click the "Benefits Login" button below to enter your company's employee benefit center.
Human Capital Consulting
Click Here for a Complimentary Benchmarking Survey of your Benefit Plans. Survey results provide a benchmark to illustrate how your benefits compare against a variety of indices.
