The key is keeping them all together.
Meet Barbara and Mark, two busy benefits managers who work for different companies. Although their roles are very similar, their day-to-day experiences are much different. Let’s find out why.
Thanks to bundled benefits, Barbara is able to set up her new employee quickly and easily. Her new employee is impressed and ready for success. This makes Barbara happy and productive, and it even gives her her extra time for afternoon walks.
Mark's new employee is already frustrated, and so is Mark. Without bundled benefits, enrolling with multiple carriers is time consuming and stressful, and it all must be done by the deadline. Enrolling with one carrier on one website would save time and energy.
Barbara’s employees are growing and thriving. In fact, one is celebrating a 10-year work anniversary and the other is getting a promotion. This impresses new candidates as well. How does she keep them happy? With bundled benefits, Barbara gets insights that help her create innovative and flexible benefits that her employees love.
Mark has an employee who has only been with the company a short time. He has quickly become frustrated with the disconnected benefits and is already looking to leave for an organization that offers comprehensive health benefits. Now Mark is tasked with filling an empty position with much less attractive benefits than the competition.
Barbara is able to help the business understand benefit utilization so they can make benefit package decisions that help both the finance department and the employees. How does she do it? With a fully integrated solution, Barbara gets a comprehensive report that gives her a clearer picture and better insights, and helps her identify any gaps in care.
Mark’s feeling a lot of pressure from upper management, especially since a new employee is already leaving. With multiple carriers, data reports are individual and disconnected. This leads to unclear insights about specific benefits his employees value or need.
Even with everything on Barbara’s plate and deadlines looming, she’s feeling confident going into her busy season. Why is that? Because with bundled benefits, everything is seamless; she’s got one team, one platform and a lot less administrative burden.
Mark must navigate multiple carriers, which adds extra stress since he needs to get it all done by the open enrollment deadline. This is making him unhappy and he’s even considering looking for another job himself.
With bundled medical, pharmacy, behavioral, dental, vision and supplemental benefits – not only is it easier to manage a health care plan and spending, but the overall value is maximized. See how much savings is possible.