Are you taking advantage of the cutting edge health insurance technology systems now available? Are you ready to implement and analyze the impact of Obama Care in 2013 and 2014?
If you already utilize such a system, does it offer enrollment completion tracking capabilities, side-by-side comparison of health insurance plans and costs, and customizable HR reporting? Imagine being able to produce custom reports for distributing monthly in order to document and notify employees of program changes.
In addition to the capabilities outlined above, your insurance technology system should offer HR administration, in particular where the HR manager has little assistance. This way, employers can choose how much they want their HR department to control the process. Both your HR department and your employees will find that this type of administration will significantly help in making benefit enrollment an organized, efficient and painless process.
And wouldn’t it be nice if employees didn’t even need to be in front of a computer to access company documents uploaded to the portal? Mobile apps can allow employees to access their company’s benefit information from their smartphone even when they are on the go.
Finally, consider the importance of a contribution analysis model, whereby your company and HR department can easily plan and manage the total cost of your benefits portfolio. This way, you can focus on understanding how your benefit portfolio impacts your employees and their families.
Innovative technology such as this can be used to assist companies in every single aspect of benefit administration. In addition, high tech solutions such a customizable HR reporting that can be specifically designed to meet the client’s needs and goals will be essential in business planning for the future, especially as the requirements of Obama Care are implemented in 2013 and 2014.
If you would like to learn more about how you can achieve a customized, cost effective, convenient and transparent benefit portfolio, contact Lamb Financial Group at 1.866.481.5262 to schedule a consultation.