Summer’s over and students are heading back to school. For benefit administrators, this means getting ready for Open Enrollment. Of course, you want to work smarter, not harder and that requires strategy and automation. Below you’ll find tips to help you make the grade.
How to get a 4.0 GPA in all your open enrollment courses:
Zoology 101: Automate COBRA Administration
Don’t worry – it’s not cheating. Automating COBRA administration empowers you do more – with less risk. Federal and state regulation compliance updates help keep you on top on an ever-evolving regulation environment, while easy options let you customize everything to meet your unique and complex needs. With advanced reporting options, you’ll always have the information you need at your fingertips.
History 101: Automate Retiree Billing
Get an A+ from the retirees on your plan by providing easy and convenient billing options. Make sure your letters are delivered on time, every time, and don’t forget about easy configuration and streamlined reporting options.
Economics 101: Shore Up Payment Collection with Lockbox Services
Check collection can be time-consuming at the best of times – and a major source of errors at the worst of times. A lockbox service provides a simple way to collect and process checks, so you get your funds faster and without any mistakes. Don’t flunk economics. Get a lockbox service and go for the easy A.
Zoology 102: Manage COBRA Open Enrollment with OE
Just as teachers struggle to get students engaged in the classroom, benefit administrators and HR pros struggle to employees engages in the open enrollment process.
While you’re focused on getting active employees involved in benefits elections, you may let COBRA participants fall by the wayside – and that can lead to big compliance issues. Cover all your bases with Open Enrollment for COBRA participants.
Literature 101: Automate Letters/State of Benefit Processing with Print/Mail Services
Students have homework. Benefit administrators have paperwork. But there is a difference. While students are supposed to do their homework themselves, nobody minds if benefit administrators outsource their paperwork.
Using a print fulfillment service is a great way to free up your time while ensuring that all your correspondences go out on time. By using a PHI certified facility, you can rest sure knowing that your important letters are being processed in a way that’s totally secure and completely compliant. It’s trackable, too, so you’re never left out of the loop.
This year, move to the head of class with help from Travisoft. Request a demo to learn more.