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www.benetrac.com Toll Free: 877.645.4342
Features ListReal-Time Access to Information BeneTrac provides real-time access 24/7 for bothadministrators and employees.
Just imagine – benefits data can be changed, updatedor reviewed at any time, from any location.Employees and their families can access their benefitsinformation whenever they want, from home or anyplace where they have Internet access.
• Increases accuracy of data• Reduces amount of time required to gather
information • Reduces the number of routine questions that
HR must answer• Fulfills employee expectations for self-service
and online transactions
Gatekeeper AuthorityInformation is useful only if it’s accurate. In order toensure accuracy and compliance, group administratorsretain the authority to approve all data before it istransmitted to carriers.
• Administrators can review and approve databefore it’s submitted to carriers in far less time
• Approve data by simply pointing and clicking• Data is presented in an easy-to-read format
Eligibility TrackingIt’s all in the details. BeneTrac manages and calculateseligibility and effective dates for new hires, lifeevents, and open enrollment according to eachgroup’s unique rules. Never miss another eligibilityor effective date.
• Online tracking is more accurate thanpaper forms
• Benefits management is streamlined• Employees see only plan information
pertinent to them • Greater accuracy in data feeds to carriers
and TPAs
List Bill Audit ServiceEnjoy the peace of mind of knowing that someoneis looking out for your interests. BeneTrac analystscan regularly audit carrier billings to make surethey agree with the data in the system.
• Insures accuracy of carrier invoices• Saves time and money• Assists in timely delivery of employee
enrollments• Enhances timely confirmation of eligibility
when employees go for care
Hidden PaycheckMake it easy for everyone to easily understandthe “real” value of a paycheck.
BeneTrac easily computes the value of employees’total compensation packages, including annualearnings and employer-paid benefits.
• Employers can quickly generate graphicand spreadsheet reports showing eachemployee’s total compensation package
• Employees gain a great understanding of thetotal value of their compensation packages
Product Detail
www.benetrac.com Toll Free: 877.645.4342
Report FactorySM
Need a report? Whether it's a standard industry reportor a custom report, just point and click on the datayou need to display in Adobe PDF, Microsoft Exeland Interactive HTML.
• Retrieving information out of the system is aseasy, or easier, than putting it in
• Group administrators save a significant amountof time and effort by being able to quicklygenerate a myriad of different kinds of reportsfrom the data in the system
• HR now has the potential to be a trend-settingdepartment of the company with sophisticatedreporting and forecasting capabilities at their fingertips
• Empowers HR in company strategy planning
COBRA FactorySM
Receive help managing notifications and billing forCOBRA policies. This is an added feature and isavailable for a nominal monthly fee.
• Administrators can track employees in real-time to generate notifications and managebilling for COBRA
• Increases accuracy and ensures that COBRAnotifications are made on time and that billingis accurate and timely
Serious SecurityYour company’s online security is our serious priority.BeneTrac has obtained vulnerability assessment by anoutside consulting firm specializing in network/ HIPAAsecurity and Sarbanes-Oxley compliance. The Reportstates, “We were unable to gain heightened accessto information systems or any access whatsoeverto sensitive, proprietary or personally identifiableinformation during exhaustive internal and externalintrusion attempts”.
• Goes above and beyond to ensure that acompany’s data is secure
Employee Self-Service PortalBeneTrac helps you empower your employees.They can enter, change or review their benefitsdata online at anytime and from any locationwhere the Internet is available.
• Employees submit benefits data with greateraccuracy
• Employees appreciate real-time, anytimeaccess to their data
• Group administrator requires less time toprocess benefits information
• Group administrators can respond toemployee questions with greater speed
Employee Communication ToolsBeneTrac makes it easier to spread the word.Group administrators can communicate news andannouncements, reminders or other information to employees through mass email. HR can alsopost information via an electronic “bulletin board”.
• Provides group administrators ease ofcommunication
• Increases employee awareness of benefitsinformation
• Saves time and money for the company
Payroll/Carrier IntegrationKeep payroll in the loop with no effort.BeneTrac shares real-time employee premiumdeduction data with the company's payrollsystem, carriers and contracted TPAs.
• Enhances communication of enrollmentinformation without extra cost or effort on behalf of the HR
• No double entry• Improves timing with greater accuracy
of updates