The Annual Benefits Open Enrollment is Fast Approaching...Are You Ready?
The annual benefits open enrollment cycle involves significant coordination and planning.
If this will be your first year automating the open enrollment process, Wise consultants will provide an overview of Open Enrollment and Life Events functionality. We create the appropriate enrollment events/sessions, identifying triggers and workflow for each appropriate process - refined by your specific eligibility criteria.
Optimizing your plan configuration to ensure streamlined enrollments is crucial. Generally, rates must be updated each year. What other changes are occurring? New plans? Change in eligibility requirements? New carrier? Wise can make all necessary system changes and test them to ensure everything is set when your employees log in. Optimizing your plan configuration to ensure streamlined enrollments is crucial. Generally, rates must be updated each year. What other changes are occurring? New plans? Change in eligibility requirements? New carrier? Wise can make all necessary system changes and test them to ensure everything is set when your employees log in.
Working directly with the benefit providers you have selected, we obtain any new or changed file specifications and develop the export to run from your UltiPro or Ceridian system. You are kept up-to-date on testing and can be confident employee elections at the carriers and deductions will be accurate when the new period begins.
“Early planning is critical!”
Auditing and Reconciliation
After enrollment closes, all changes are captured and detailed and summary audit reports are created for your benefits team to verify and follow-up on any outstanding items. Once the new plans and rates are effective, we provide further auditing of payroll deductions, ensuring the “starts” and “stops” work as expected.
Taking advantage of your system’s capabilities for benefits open enrollment and life event changes takes a significant burden off of your benefits team. Early planning is critical! Contact us to discuss your particulars.
Wise Consulting Associates is a leader in implementing and using technology to support Human Resources and Payroll Management. Since our founding, Wise Consulting has partnered with firms in all industries, offering specialized, diversified services for implementation, outsourcing, technology support, vendor selection, and strategic HR Support.
www.WiseConsulting.com • (800) 654-4550 • 54 Scott Adam Road Suite 206 • Hunt Valley, MD • 21030
Solving HR/Payroll Technology Challenges. Taking On Payroll Staffing & Complexity.