Finalist in 2020-21 Cloud awards
PlanSource is a cloud-based Benefits administration solution to help consultants, employers and insurance carriers to manage billing, enrollment, compliance and more.
- Benefits outsourcing: It includes all aspects of the employee benefits program including new hire and life event processing to integrations with payroll systems and insurance carriers.
- Employee contact centre: It educates your employees and helps them get enrolled in the suitable benefits and plans for their families and themselves.
- Billing reconciliation and payment: Helps to gather monthly carrier bills and calculate self-reported totals as well as handles payments to insurance carriers and else.
- COBRA administration: it takes care of generating and communicating initial and qualifying event notices so you don't need to worry about compliance or penalty issues.
- HSA/FSA/HRA Administration: It offers fully managed tax-advantaged benefit accounts including health saving accounts, health reimbursement accounts and Flexible Spending accounts that add value to your benefits program and reduce the payroll tax obligations.
- Dependent verification: It identifies individuals who are not eligible to participate in a benefit plan and saves business costs.
- Custom communication: It maximizes employee engagement with customized benefit materials and campaigns.
- ACA Add-on services: ACA state reporting and fulfilment services ensure to submission of state-required healthcare data and save time by outsourcing form printing and distribution to employees.
- Help with managing employee benefits and procedures.
- Answers all employee questions, advocates for the employees and provides phone-based enrollment.
- Helps to comply with internal policies and Government regulations.
Employee contact centre
- Login assistance in case passwords get lost and security questions are forgotten
- Help with "How Do I" questions
- Employee-friendly help from expert staff on-demand
Billing reconciliation and payment
- Syncs the bills to ensure accurate payments and saves time.
- Handles enrollment and carrier records
- Minimizes risk by ensuring that correct premium payments are made to insurance carriers.
- It assumes liability and indemnifies employers who use this service.
- It ensures to fulfil compliance requirements on your behalf.
- Employees enjoy increased control over their healthcare.
- Employers can attract talents with compelling benefits
- With higher pre-tax contributions, employers pay fewer payroll taxes.
- Reduces monthly medical premium costs
- Improves compliance with SPDs, HR policies etc.
- Reduces stop-loss exposure.
- Helps to hire educated employees
- Better benefit attracts higher engagement
- You'll be able to reduce presenteeism and increase productivity
ACA Add-on services
- State filling setup and report transmission for states
- Easy form review and approval
- Technology for managing support and corrections.
Starts from $4 per month
Free version availability
Small, medium and large, MSME etc.
Ready to get a demo of this product ?