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Benefits administration technology helps employers and their employees :

Benefits administration technology helps employers and their employees :
1-Removing manual processes
Most HR administrators or insurance brokers make more than 34,000 manual enrollment and carrier adjustments per year, according to statistics compiled by The Horton Group. At an average of five minutes per change, that totals 2,800 hours per year or almost 120 days.
2- Reducing reporting errors

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A benefits administration system can help employers properly prepare and report the information required by the Affordable Care Act, including coverage details like the number of people insured. For example, a technology-enabled, rules-based system can verify when employees and their dependents are added to the company’s plan or dropped.
3- Improving employee experience
Employees engage with their benefits more as their experience improves. ”Enhancing the employee experience honors the employer’s investment in their employees and their dependents and brings new value for their employees to appreciate,

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