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Benetrac Delivers
1. Product Detail
Features List
Real-Time Access to Information
BeneTrac provides real-time access 24/7 for both • Online tracking is more accurate than
administrators and employees. paper forms
Just imagine – benefits data can be changed, updated • Benefits management is streamlined
or reviewed at any time, from any location. • Employees see only plan information
Employees and their families can access their benefits pertinent to them
information whenever they want, from home or any • Greater accuracy in data feeds to carriers
place where they have Internet access. and TPAs
• Increases accuracy of data List Bill Audit Service
• Reduces amount of time required to gather
Enjoy the peace of mind of knowing that someone
information
is looking out for your interests. BeneTrac analysts
• Reduces the number of routine questions that
can regularly audit carrier billings to make sure
HR must answer
they agree with the data in the system.
• Fulfills employee expectations for self-service
and online transactions • Insures accuracy of carrier invoices
• Saves time and money
Gatekeeper Authority • Assists in timely delivery of employee
Information is useful only if it’s accurate. In order to enrollments
ensure accuracy and compliance, group administrators • Enhances timely confirmation of eligibility
retain the authority to approve all data before it is when employees go for care
transmitted to carriers.
Hidden Paycheck
• Administrators can review and approve data
Make it easy for everyone to easily understand
before it’s submitted to carriers in far less time
the “real” value of a paycheck.
• Approve data by simply pointing and clicking
• Data is presented in an easy-to-read format BeneTrac easily computes the value of employees’
total compensation packages, including annual
Eligibility Tracking earnings and employer-paid benefits.
It’s all in the details. BeneTrac manages and calculates • Employers can quickly generate graphic
eligibility and effective dates for new hires, life and spreadsheet reports showing each
events, and open enrollment according to each employee’s total compensation package
group’s unique rules. Never miss another eligibility • Employees gain a great understanding of the
or effective date. total value of their compensation packages
www.benetrac.com Toll Free: 877.645.4342
2. Report Factory SM Employee Self-Service Portal
Need a report? Whether it's a standard industry report BeneTrac helps you empower your employees.
or a custom report, just point and click on the data They can enter, change or review their benefits
you need to display in Adobe PDF, Microsoft Exel data online at anytime and from any location
and Interactive HTML. where the Internet is available.
• Retrieving information out of the system is as • Employees submit benefits data with greater
easy, or easier, than putting it in accuracy
• Group administrators save a significant amount • Employees appreciate real-time, anytime
of time and effort by being able to quickly access to their data
generate a myriad of different kinds of reports • Group administrator requires less time to
from the data in the system process benefits information
• HR now has the potential to be a trend-setting • Group administrators can respond to
department of the company with sophisticated employee questions with greater speed
reporting and forecasting capabilities at
their fingertips Employee Communication Tools
• Empowers HR in company strategy planning BeneTrac makes it easier to spread the word.
Group administrators can communicate news and
COBRA Factory SM announcements, reminders or other information
Receive help managing notifications and billing for to employees through mass email. HR can also
COBRA policies. This is an added feature and is post information via an electronic “bulletin board”.
available for a nominal monthly fee. • Provides group administrators ease of
• Administrators can track employees in real- communication
time to generate notifications and manage • Increases employee awareness of benefits
billing for COBRA information
• Increases accuracy and ensures that COBRA • Saves time and money for the company
notifications are made on time and that billing
is accurate and timely Payroll/Carrier Integration
Keep payroll in the loop with no effort.
Serious Security BeneTrac shares real-time employee premium
Your company’s online security is our serious priority. deduction data with the company's payroll
BeneTrac has obtained vulnerability assessment by an system, carriers and contracted TPAs.
outside consulting firm specializing in network/ HIPAA • Enhances communication of enrollment
security and Sarbanes-Oxley compliance. The Report information without extra cost or effort
states, “We were unable to gain heightened access on behalf of the HR
to information systems or any access whatsoever • No double entry
to sensitive, proprietary or personally identifiable • Improves timing with greater accuracy
information during exhaustive internal and external of updates
intrusion attempts”.
• Goes above and beyond to ensure that a
company’s data is secure
www.benetrac.com Toll Free: 877.645.4342