Making Group Benefit Plans Easy
Atlanta, Georgia (PRWEB) January 25, 2016
Group benefit plans are difficult to manage by the employer and even more difficult to comprehend for the average employee. Recognizing the obvious complexity of the employer-based insurance market, one Atlanta-based agency is reshaping how businesses think about group benefits. Set to release in January 2016, Providence Insurance Group will debut a new online platform called ‘PG 50’ to simplify the group benefits experience.
Founded in 1984, Providence Group has quickly climbed the ladder to become one of the nation’s top-rated insurance brokers, representing big-name clients in the Southeast and across the country. As the organization continued to carve out its role in group insurance policies, it found that the industry as a whole has been slow to adapt to modern technology.
According to Vice President Tyler Horton, “While group health policies have certainly changed tremendously in the past decade, one of the biggest changes we’ve seen is how individuals interact with this information.”
In an effort to transform group health insurance into a more technology-friendly process, the company created its ‘PG 50’ Platform, an intuitive online format for HR administrators and employees to review benefits strategies without all of the paperwork.
How The Program Works
The new end-to-end operating system, complete with an iOS and Android app, provides users with simple and intuitive options to review benefit enrollment plans, scroll through a carrier-agnostic insurance marketplace, and assess their personal benefits information. This user-friendly application streamlines the process for employer HR administrators who can review benefits packages for hundreds of members at once, while saving time, paperwork, and resources.
Group benefit packages can include any type of insurance policies related to medical, dental, vision, life, short-term and long-term disability, so keeping track of all of this information has traditionally been a major headache for clients. With the new ‘PG 50’ app, individuals can open a virtual member ID directly from their handheld device, making it easy to receive 24/7 updates and information about employee wellness programs. Clients can also review new enrollment options and financial benefit plans like HSA, HRA, and FSA without the hassle of contacting their company HR administrator.
Providence Insurance Group has clearly developed a major overhaul to how companies and individuals interact with group benefit programs. All in all, this new development is simply part of the broker’s larger goal to offer best-in-class services to its clients. While the health insurance marketplace is surely complicated, reviewing information about it should be effortless.
Group Benefits in Action
While ‘PG 50’ is still a few weeks away from public launch, the initial design has been met with overwhelming praise. The designers and advisors that have tested the app are calling it “convenient, easy-to-use and efficient.” Overall, the team is predicting a very positive result from the service’s launch as its clients are eagerly awaiting the system’s streamlined interface.
As Providence Insurance Group is committed to innovation in the insurance industry, it hopes that the new program will be the first of many steps in making group benefit packages more technology-driven. “We are continually searching out the most innovative, cost-effective, comprehensive benefit solutions for our clients,” affirms Tyler Horton. “We will continue to be a cutting-edge agency offering our clients the latest technology solutions for all of their business needs.”
About Providence Insurance Group
For more than 30 years, Providence Insurance Group has been one of the most trusted names in group benefits advising. The company is quickly becoming one of the most tech-oriented teams in the industry and is transforming how employers and individuals think about health insurance. To request a Quote or for more information about consultative benefit advising, the ‘PG 50’ app, or to enroll your organization in an employee wellness program, visit the company’s site at http://providenceinsurancegroup.com.