Edison, NJ (PRWEB) October 16, 2012
CheckPoint HR, the leading provider of HR Spend Optimization for small to mid-sized businesses, has announced a strategic relationship to become a Third Party Administrator (TPA) with Assurant Employee Benefits, one of the fastest growing providers of voluntary benefits for small to mid-size businesses. This is an important partnership for CheckPoint HR in its development of providing employers an online benefits marketplace through its “CheckPointChoice” solution. CheckPointChoice empowers employers the ability to offer a wide range of voluntary benefits with little to no incremental administrative or plan management responsibilities for already far too stressed HR organizations.
With CheckPointChoice, employers can now offer voluntary benefits from Assurant Employee Benefits to employees through the CheckPoint HR online enrollment portal. CheckPoint HR handles all benefit administration including automatic payroll deductions and carrier reconciliation through its industry leading payroll solution. Employers benefit by the alleviation of administrative tasks such as enrollment, billing, life events and support. Employees benefit by receiving the ability to choose which benefits best suit their needs and the needs of their families.
“Employers generally have shied away from offering voluntary benefits to employees in the past due to the costs and time associated with administration. This is a shame as more and more employees desire a wide range of additional benefit programs, particularly as many medical benefit plans continue to provide less value due to increasing deductibles and employee cost sharing,” said Tim Padva, CEO and Founder, CheckPoint HR. “Our agreement with Assurant Employee Benefits enables employers the ability to offer employees more benefits without the administrative and financial burdens typically associated with benefit administration. Together with Assurant Employee Benefits, CheckPoint HR is simply offering more choice for employees with less work for employers.”
“We are glad to be partnering with CheckPoint HR and simplifying the way employers offer benefits and employees attain benefits,” said Assurant Employee Benefit’s Senior Vice President of Sales Marc Warrington. “Comprehensive employee benefit programs can help employers retain and attract talent. Now with CheckPoint HR and Assurant Employee Benefits, employers can offer more without adding administrative headaches.”
When leveraging CheckPoint HR, employers have greater visibility and control into their costs and can dramatically reduce the manual processes associated with the administration of benefits. For more information about CheckPoint HR and CheckPointChoice, please visit http://www.checkpointhr.com/checkpointchoice.
About CheckPoint HR
CheckPoint HR, based in Edison, New Jersey, is the leader in HR Spend Optimization for small to mid-sized businesses. The company’s comprehensive platform helps businesses realize maximum value for all of their HR dollars – across the entire continuum of Benefits, HR and Payroll. Clients include Innophos Holding, Inc., New York Organ Donor Network, and Hamon USA. For more information on CheckPoint HR, please visit http://www.CheckPointHR.com, call 800.385.0331 or follow us on Twitter at http://twitter.com/checkpointhr.
About Assurant Employee Benefits
Assurant Employee Benefits specializes in quality employee benefits and services, including long-term and short-term disability, life insurance, voluntary benefits such as cancer, critical illness and accident, dental and vision coverage, and disability reinsurance management services. Assurant Employee Benefits is the brand name for insurance products underwritten by Union Security Insurance Company and for prepaid dental products provided by an affiliated prepaid dental company. In New York, insurance products are underwritten and prepaid products are provided by Union Security Life Insurance Company of New York, which is licensed in New York and has its principal place of business in Syracuse, New York. Plans contain limitations, exclusions and restrictions. http://www.assurantemployeebenefits.com.
Assurant Employee Benefits is part of Assurant, a premier provider of specialized insurance products and related services in North America and select worldwide markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. http://www.assurant.com.
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