Benefits doesn’t need to be a time consuming process
Automate your benefits management—eliminating mounds of paper, complicated spreadsheets and hours of work.
Make benefits administration easier for your HR team and workforce by connecting your employees with their benefits online. Employees can review and enroll in benefits, update for life events, and download a network provider list with no paperwork and minimal assistance from HR.
With HRIS Benefits Management, simplify your benefits management with tailored configurations and intelligent automation:
- Oversee and manage all benefit enrollments from a single dynamic system
- Deploy the information your employees need to make informed decisions about their healthcare
- Establish eligibility rules for seamless management to different employee classifications
- Easily reconcile insurance bills with the premium wizard
- Utilize approval workflows
- Export benefit data as needed or on an automated schedule
- Eliminate double entry of employee information, deductions, and enrollment changes with payroll integration
- Communicate enrollments, changes, and terminations with carrier feeds
Your employees have convenient online access to:
- Compare, analyze, and check plan costs prior to enrollment
- Print consolidated benefit statements with coverage overview and costs at anytime
- Submit enrollment changes for life events
- Review payroll benefit deductions
Manage employee benefits with ease from a single interactive platform, simplifying your benefit offerings for all employees.
What is ACA?
The Affordable Care Act (ACA)—also known by its unofficial name, ObamaCare—is the US health reform legislation signed into law by President Barack Obama in March of 2010. The law contains hundreds of provisions that address different aspects of healthcare, and for employers impacts payroll reporting, benefits management, human resources, requiring mandatory IRS reporting and continuous monitoring of informational updates.
Does the ACA apply to your business?
If your business has 50 or more full-time employees and equivalents (FTEs), then you are subject to Employer Shared Responsibility provisions including:
- Filing annual information returns
- Reporting aggregated health care costs on employee W-2s if issued 250 or more W-2s the previous year