“Brokers are no longer just competing against one another but also with direct-to-employer online marketplace solutions,” said Sushant Jha, VP and GM of, hCentive.
Reston, VA (PRWEB) October 11, 2017
hCentive, an industry leader in healthcare management technology, announced their employer benefit management portal, a single tool for small and medium-sized employers to simplify, streamline, and efficiently manage human resource capital. hCentive’s portal functions as a digital storefront for employers to view value-add capabilities and subscribe to premium features.
hCentive’s broker partners can now offer their employers access to cost-effective, integrated tools assisting in employee management, benefits, and payroll. The one-stop shop allows brokers to offer more appealing solutions to acquire the new business as well as deepen their relationships with their current clients.
Brokers are facing many challenges due to advancements in technology. Employers and employees are demanding a more seamless customer experience. With increased competition from technology-enabled brokers and direct to employer e-brokers, brokers are working hard to modernize and provide superior services to their clients. hCentive’s platform allows for our broker partners to differentiate and win in the current environment.
“Brokers are no longer just competing against one another but also with direct-to-employer online marketplace solutions,” said Sushant Jha, VP and GM of, hCentive. "With our Benefit Management technology, hCentive is making it possible for its broker partners to reconnect with their employers.”
Introducing their Benefit Management Portal for brokers and employers last year, hCentive offered its first solution to transform the way brokers engage with their clients. Today, the company is restructuring how brokers engage with employers. The portal offers new innovations including:
● Compliance Documents Sharing and Acknowledgement: The Compliance Document Tool makes compliance management simple. Pre-loaded forms can be assigned to employees from employers. The system can populate the forms with the correct data and allow for electronic signing, saving employers and employees time while simplifying the tracking process.
Clients turn to brokers for advice on compliance standards, and to ensure the compliance of the organization. Brokers can effectively offer this premium service through hCentive’s benefits management portal.
● System Scheduled Report Generation: Data is required to keep the business running. The system will automatically generate reports for the brokers and employers on defined frequencies eliminating the risk of error.
This system efficiency allows brokers to focus more on acquiring the new business as well as building stronger relationships with their existing employer accounts.
● Carrier Enrollment Integration: For larger groups, the carrier may accept electronic enrollments. The system is equipped to send enrollment data via EDI and other electronic format feeds directly to carriers. Enrollment data can automatically be fed to the carrier on a defined frequency, including initial enrollment, life events, new hires, terminations, and other enrollment events.
The automated enrollment reporting removes the need for major involvement of the broker to facilitate enrollment reporting to the carrier.
At hCentive we’re changing the way benefits are managed. Our software helps to simplify the complex world of shopping, enrolling, and managing health, ancillary, and voluntary benefits. As the industry leader in the benefits management space, we proudly support local and state government agencies, insurance brokers, employers and their employees. We’ve proven time and time again that we deliver cutting-edge software solutions that our clients value for business growth and financial success.