Benefits Administration Software
Make benefits administration easier on you and your employees. Give employees a platform to make informed decisions by comparing benefit plans. Communicate your benefits packages and track employees' elections. Watch employee deductions automatically flow from benefits into payroll before you can even say…enroll! That is what a better experience looks like during open enrollment and for each new employee, you hire.
Benefits Administration Features
Overview
- Employee Self Service Enrollments Allow you to Shift to an Online Election Process
- Offer Specific Plans and Premium Cost Shares to Specific Employees
- Employees can Review all Benefits Information in one Place
- Integrated with Viventium’s Payroll and ACA tools
Administrators
- A Set of Flexible Rules to Meet you Plan Designs and Benefit Offerings
- Benefits Elections Earnings and Deductions are Integrated with Payroll
- Admins Review and Approve Enrollments
- Coverage Data is used in the Integrated ACA Module
- Review Open Enrollment Statistics Live
- Remind Employees Who Have not Finished Their Enrollments
- Add Custom Text and Descriptions to your Plans
- Upload Documents like Summary Plan Descriptions where Employees can Review and Download
Employees
- Employees Have a Guided Enrollment Experience
- Compare Plans Side by Side
- Return to Review Coverage and Review Documents Throughout the Year
- View a Total of all Elections and Impact on Paycheck
Carrier Connections
- Transfers data automatically to carriers
- Integrates with 600+ carriers
- Supports open enrollment and mid-year changes
- Insights via VIP dashboard
Reporting
- Census Reporting to Aid in Renewal Processes
- Election Reporting to Help Understand Plan Utilization
- Insights Into Benefit Costs Across Employee Groups
- Create Custom Reports Across an Array of Data Including Benefit Elections and Costs
Consumer-Directed Health Care (CDH) Through Optum
- CDH Accounts Help Reduce FICA and Other Employee Tax Expenses
- Give Employees Control Over Their Own Health Care Finances
- Information Updates Seamlessly Across All Accounts in Real-Time
- Access Anywhere, Anytime via Debit Card, Mobile App, Online Portal, or Customer Service
- Commuter Benefits Can use Pre-Tax Funds to Pay for Eligible Transit and Parking Expenses
- COBRA Allows Employees to Avoid Insurance Coverage Interruption
- Lifestyle Accounts Cover Tuition Reimbursement, Wellness Incentives, and More
- HSA On Demand® Gives Participants Access to Future HSA Contributions 1/1 of Each Year
Benefits Administration at a Glance
Employee Landing Page
Employees are notified automatically when your open enrollment is in progress.
Employee Enrollment
Employees can find all information to enroll in coverage through our guided enrollment experience.
Employee Confirmation
After enrolling, employees can review their coverage throughout the year.
Admin Open Enrollment Status
See status, review elections, and communicate to employees, all from the Open Enrollment dashboard.
Configuration Premiums
Our software allows you to customize your offerings, like premiums, in many ways.
Configuration Plans
Configure your plans with a step-by-step wizard that guides you through the setup process.
Get Industry Specific
Home Care
Caregiver retention is one of the biggest challenges your home care agency faces today. Give your hard-working caregivers an easy-to-use platform to communicate your company benefit programs and provide a personalized guided enrollment experience.
Learn More >Skilled Nursing
Skilled nursing facilities need to provide easy-to-use software to give your employees a positive benefit enrollment experience. Communicate with your employees through an open enrollment dashboard and allow them to review their coverage throughout the year.
Learn More >Other Industries
You’ve done the hard part – selecting your employee benefits! Now it’s time to talk employee experience. Allow your employees to be guided through open enrollment and cut down on HR administrative nightmares.
Learn More >Real-Time Resources
These resources from Viventium will help you stay on top of benefits administration news.
Why it’s Time to Upgrade From Manual to Automated Benefits Administration
Benefits administration software will increase the accuracy of employee elections by removing manual entry, and this data will automatically flow into your payroll with administrator approval.
Learn More >Could Your Company Benefits be one of the Major Reasons for Employee Turnover?
An area that impacts your retention rate are benefits. A robust benefits package incentivizes job applicants and helps your organization keep your top performing employees.
Learn More >Are You Making Benefits Administration More Complicated?
Open enrollment - the time when employees elect their benefits for the year and the time that many HR professionals dread. Are you making benefits enrollment harder than it should?
Learn More >The Affordable Care Act
ACA Compliance
Does the Affordable Care Act Apply You in 2022?
Our Partnerships
Optum
Optum Financial, which includes Optum Bank, provides tax-advantaged reimbursement accounts for consumers, and banking services and products for health care systems.
Learn More
