Key Points That Employers Should Address With This Year’s Open Enrollment Period
Wrestling with the implications of the upcoming open enrollment period could be one of the most challenging in memory for employers due to the...
2 min read
Kayla Kelly : May 13, 2015
Many employers are still using paper to enroll their employees even though the ability to automatically apply eligibility rules, collect elections and deliver enrollment data to carries via electronic and online systems is widely available.
With the cost efficiency of self-service technology over manual work, reduced errors in data and insurance calculations, and overall faster processing of benefits why aren’t more employers utilizing the existing technology? There are usually two answers; a lack of budget or a company culture/environment that is not suitable for this type of automation.
A number of recent trends are pointing companies in the direction of electronic benefits enrollment and administration. The following factors are adding to the faster pace of overall adoption:
To learn more on how Paypro can help your organization with Benefits Solutions and other requirements of the Affordable Care Act please contact us or request a consultation with one of our Benefits Specialists.
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