Today’s benefits administrators have many responsibilities, from choosing their benefit providers and plans to educating their workforce on the benefits that are most meaningful to their families, helping them make the right decisions, and enrolling in the right plans.
Part of that responsibility includes making sure their providers have the correct benefit enrollment information and that their HCM systems are pulling the correct deductions. We provide customizable solutions to make all of these responsibilities easier and more efficient so you can focus on what truly matters – finding the right benefits to offer your employees.
COBRA laws and regulations are complex, vary by state, and often carry hefty fines if implemented incorrectly. Together with our COBRA partner, we take the guesswork out of COBRA notifications, elections, and benefit management, freeing up your time to focus on your active employees.
Have ACA eligible employees? BCI and our Affordable Care Act (ACA) partner can help you gather the data and satisfy reporting requirements for the federal ACA and state individual mandate regulations. We eliminate a time-intensive and possibly manual task to help you manage the risk of errors and costly penalties.
If you have a large population, you know that paying monthly insurance premiums per benefit can be a challenge. We have partnered with a consolidated billing provider to combine multiple transactions into a single invoice. This enables you to easily pay monthly premiums and reconcile the billing data against your HCM system’s deduction data for all your employees.
Pre-tax benefit options such as HSA, FSA, HRA, and Commuter benefits can lower your employees’ taxes, pay for their families’ healthcare, and even save for retirement. With our integrated financial account partner, we take the headache out of setup and administration of these accounts so you can offer a larger benefits program to address your employees’ needs.
BCI provides efficient processes for collecting, cleansing, reporting, and importing/exporting data. Our expert technology team ensures accurate data feeds are sent to customers’ HRIS, payroll systems, carriers and vendors on time. Data processes are customized to meet our customers’ specific formatting and frequency needs.
Our experienced team of HR professionals serves as a centralized point of contact to help resolve benefit problems, answer enrollment questions, and respond to benefit inquiries by phone. We are a seamless extension of your team.