Benefit Express Releases Defined Contribution System, My Benefit Shoppe™
Schaumburg, IL (PRWEB) May 14, 2014 -- Benefit Express Services, LLC, a leader in providing benefits administration services for large, medium, and small organizations, has released My Benefit Shoppe™, a defined contribution market for employee benefits enrollments.
When employers pre-determine the money they will allocate to their employees for their annual benefits, they can better predict and control their costs. Employees then login into My Benefit Shoppe™, and through the defined contribution approach they can use credits to spend on the benefits that they choose.
Through Benefit Express’ My Benefit Shoppe™, employees may purchase insurance such as health, dental, life, disability and much more! Any amount in excess of the defined contribution is taken from payroll deductions.
Features of My Benefit Shoppe™ include:
• Fully integrated credit formula supporting a comprehensive defined contribution benefit enrollment experience
• Interactive deduction modeling capabilities
• Eligibility determination including new Affordable Care Act Requirements
• State-of-the art educational and decision tools
• Credit and deduction integration with payroll
• Comprehensive administrative support tailored to meet your needs
• Customized portal site with personalized benefit information specific to your company and employees
• Direct online comparison of available benefits and plan costs with the ability to customize costs based on expected utilization
• Consumer driven online shopping experience
• Real-time reporting, eligibility tracking, premium reporting and access to key enrollment plan information
• Independent carrier integration
• Top-notch Customer Care Center support
Let your employees have more flexibility and freedom when it comes to choosing their benefits, and benefit yourself from offering competitive plans along with the ability to control and predict your costs.
About Benefit Express - At Benefit Express, the focus is on flexible benefits administration outsourcing solutions, online benefits enrollment, and HR outsourcing. Their self-service platform - My Benefit Express™ - delivers tools which help clients efficiently manage HR & online benefits administration. With My Benefit Express™ clients have direct access to: customized content delivery, online enrollment assistance, employee benefit education tools, transactional administrative processing/tracking, carrier bill reconciliation, vendor data-links and detailed HR reporting. Benefit Express' benefits administration solutions provide the flexibility for clients to choose how, where and by whom work gets done.
For more information on Benefit Express please visit http://www.benefitexpress.info.
Monica Hinchey, Benefit Express, +1 (847) 637-1573, [email protected]
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